Helen Huang joined Fidelity International in Shanghai as managing director, China.
Ms. Huang replaces Daisy Ho, who served as president of Fidelity International's China business. Ms. Ho left Fidelity in the summer to join HSBC Asset Management in Hong Kong as CEO of the Asia-Pacific region.
Ms. Huang will lead the fund management company for which Fidelity just garnered approval from the China Securities Regulatory Commission to set up in Shanghai.
She will report to Rajeev Mittal, managing director, Asia Pacific ex-Japan, according to a Fidelity spokeswoman.
Fidelity International had $812.8 billion in AUM as of Dec. 31.
Ms. Huang was CEO at Shanghai-based Hwabao WP Fund Management. A spokeswoman for Hwabao WP couldn't immediately be reached for comment.