Schroders made changes to several senior executive roles in the Asia-Pacific region, including making Chris Durack, its head of Asia-Pacific and co-head of Schroders' client group.
Karine Szenberg, head of Europe and global head of product and marketing, was also made co-head of the team, which comprises a global group of experts that provides clients with investment solutions, the firm said in a statement July 21.
Mr. Durack will continue to be based in Singapore, and Ms. Szenberg will continue to be based in Paris, a spokeswoman said. "Their appointment emphasizes the global nature of Schroders' clients and business," she added.
Both will retain their previous positions and report to Peter Harrison, group CEO.
Mr. Durack rejoined Schroders in January after leaving the firm in late 2021. Before his departure, he was with the firm for a decade across Sydney and Hong Kong, having held the position of co-CEO of Asia-Pacific.
Schroders also promoted Singapore-based Katherine Cox to global head of long-term asset owners to serve clients such as sovereign wealth funds and endowments, the statement said. She was previously the head of strategic clients, product, and private banks for Asia-Pacific.
Szu Yi Chin, also based in Singapore, was made head of wealth for the region from her previous position as head of the client group for Asia-Pacific. In her new role, she focuses on wealth managers, financial advisers, platforms and private banks.
Lily Choh, CEO of Singapore, and Gopi Mirchandani, CEO of Hong Kong and head of strategy for APAC, were given expanded roles. Ms. Choh now leads the Singapore, Malaysia, Thailand and Indonesia businesses as head of South Asia. She also represents Schroders in its joint venture with Axis Asset Management in India.
Ms. Mirchandani is now head of North Asia, overseeing Hong Kong, Taiwan, Korea and Japan while retaining her role as APAC head of strategy.
Outside of the APAC region, Schroders also made several personnel changes in the client group leadership team including Lesley-Ann Morgan, who is now global head of pensions and retirement; Carla Bergareche, who was made the global head of wealth; and David White, who is now global head of insurance.
Schroders had £737.5 billion ($889.3 billion) in assets under management as of Dec. 31.
