Harry Moore was named global head of distribution at First State Investments, effective May 20.
The position is new, and Mr. Moore will relocate to London from Australia once COVID-19 restrictions are lifted.
While the role itself is newly created, Mr. Moore took on distribution responsibilities for Asia and Europe, Middle East and Africa. He took on the responsibilities from Michael Stapleton, managing partner for affiliate firm FSSA Investment Managers and managing director, Asia; and Chris Turpin, managing director EMEA. Both executives remain in their roles. Bachar Baeini, managing director ofAmericas, retains responsibility for distribution in the region and will work closely with Mr. Moore.
The role was created to help support the $123 billion money manager's future growth prospects via a global approach to sales and distribution, a news release said.
Mr. Moore was managing director for Australia, New Zealand and Japan at the firm. Liz Hastilow takes on the managing director for Australia and New Zealand role in addition to her responsibilities as global chief legal and risk officer. Hiroyuki Aikawa was named head of distribution for Japan, the spokeswoman said. His previous role could not immediately be learned.
"Whilst each region has its differences, there are benefits to a global client relationship and sales approach," Mr. Moore said in the release. "Through the support of a strong, experienced team of sales professionals a global approach will help us better understand and communicate themes in each region that may impact other areas."
First State Investments announced a number of other promotions within the distribution structure for Asia:
- Lauren Prendiville was named head of distribution, Southeast Asia and Middle East.
- Peter Heine became head of institutional for Asia's southern region.
- Jeannene O'Day was appointed head of institutional for Asia's northern region.
- Ross Crocker, head of consultant relationships, takes on responsibility for the Australian client service team.