Manabu Fujita was named head of M&G Investments Japan, pending regulatory confirmation, according to a Friday statement.
Mr. Fujita is based in Tokyo and reports to Loretta Ng, head of Asia-Pacific. He started in his role on Friday, the statement said.
In his new position, he leads the team based in Japan and manages relationships with institutional clients, sovereign wealth funds and other key prospects in the region, a spokesman said.
He also serves as a representative director for M&G Investments Japan, and sits on the board of the firm.
Mr. Fujita replaces Taro Shiroyama, who served as head of institutional development in Japan and is no longer with M&G after seven years with the business.
Mr. Fujita plays a key role in driving M&G's growth in Japan, as part of the company's broader Asia strategy to expand its presence across key markets in the region, the statement said.
M&G Investments manages £306.5 billion ($378.6 billion) in client assets as of March 31. The company has been investing in Japan since 1973, and manages over $6 billion in listed Japanese companies.
Mr. Fujita joins from Schroders Investment Management (Japan), where he had worked for 15 years, holding roles such as head of institutional sales and business development, and most recently head of sales.
Schroders did not respond to request for comment.