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T. Rowe adds head of Asia-Pacific multiasset solutions business

Thomas Poullaouec was named head of the Asia-Pacific multiasset solutions business at T. Rowe Price in Hong Kong.

The position is a new one and he joined Sept. 8, said a T. Rowe spokeswoman.

Mr. Poullaouec comes to T. Rowe from State Street Global Advisors, where he served as managing director and head of strategy and research in Asia-Pacific.

SSGA is “conducting an internal and external search” to replace Mr. Poullaouec, said an SSGA spokeswoman. On an interim basis, Kevin Anderson, senior managing director and head of investments, Asia-Pacific, and Mark Wills, managing director and head of portfolio management, Asia-Pacific, will provide leadership for the strategy and research team, she said.

T. Rowe Price Group has $927 billion in assets under management.