Mark On was named senior vice president and CIO of international equity for American Century Investments, confirmed spokeswoman Jami Schaefer. He will oversee investment teams responsible for about $9 billion in assets under management and will be co-portfolio manager of the firms emerging markets strategy. He reports to Enrique Chang, executive vice president and CIO. Mr. On replaces Mr. Chang, who was promoted when Mark Mallon retired earlier this year.
Mr. On was Asia Pacific CIO and managing director of AXA Rosenberg, where he was replaced by Kevin Chen, said AXA spokeswoman Jennifer Morgan. Mr. Chen was deputy CIO for the Americas at AXA.