Money Management

T. Rowe Price names new EMEA, Asia-Pacific distribution heads

Scott Keller was named head of global investment management services for Europe, the Middle East and Africa at T. Rowe Price Group, a spokeswoman said.

Mr. Keller replaces Peter Preisler, who left to pursue other opportunities in the industry in August last year. Further details were not available.

Effective Jan. 1, 2019, Mr. Keller will lead the organization responsible for the firm's institutional and intermediary business in the region.

He is currently head of global investment management services, Asia-Pacific. He will continue to report to Robert Higginbotham, head of global investment management services, and will be based in London.

Nick Trueman will replace Mr. Keller in the Asia-Pacific role, also effective Jan. 1. He is currently head of the Asia ex-Japan institutional business and will remain in Singapore.

Also, Elsie Chan, head of global investment management services for Asia ex-Japan intermediaries, will take on the newly created role of head of global investment management services Asia ex-Japan. She will take on responsibility for the institutional and intermediary businesses in the region.

T. Rowe Price has $1.04 trillion in assets under management.