Lim Kee Yap joined Principal Global Investors in Singapore as a director and head of institutional sales, South and Southeast Asia, a spokeswoman confirmed Monday.
Mr. Lim replaces Sameer Dev, who joined Deutsche Asset & Wealth Management in May 2013 as head of Southeast Asia institutional coverage.
Mr. Lim had been director of business development and marketing at Absolute Asia Asset Management, a Singapore-based affiliate of Natixis Global Asset Management. A spokesman at Absolute Asia declined to comment.
Principal also announced the appointment of Paul McConomy as chief administration officer, Asia and Middle East, a new position, according to a news release.
Mr. McConomy had been chief operating officer at CIMB Principal Islamic Asset Management in Malaysia. Ramlie Kamsari, the CEO of CIMB Principal, couldn’t immediately be reached for comment.