Scott Keller will join T. Rowe Price in Singapore as head of global investment services, Asia-Pacific.
Mr. Keller replaces Flemming Madsen, who has served in that role — overseeing the firm's institutional and intermediary business in the region — from Baltimore for the past eight years. Mr. Madsen will take on a new role as head of global financial intermediaries for global investment services.
A Sydney-based spokeswoman for T. Rowe Price said Mr. Keller will join the firm July 14.
Mr. Keller has served as head of pan-Asia at UBS Global Asset Management, overseeing UBS' institutional and intermediary business.
A UBS spokesman said the firm has no plans to fill the position.