Old Mutual Global Investors is planning a further expansion into Asia with the hire of Gerard Clancy in a freshly-created role of head of sales, South East Asia, based in Singapore.
He joins the business from Columbia Threadneedle Investments where he was executive director, wholesale distribution for the past five years. He was responsible for business development specifically focussed on South East Asia markets, conducting business through private banking, consumer and IFA channels.
During his 20 years’ career experience he has held a number of roles within a sales and distribution remit including strategic development and client servicing at Blackrock focussing on Hong Kong, Singapore, Korea and South East Asia markets.
Working for OMGI, he will be based in its sister company, Old Mutual International’s office, in Singapore, he will be responsible for promoting the OMGI brand and funds in the region. He will report to Carol Wong, managing director, Asia Pacific, who is based in Hong Kong.
He is also responsible for expanding the business’s client pool and further building the strategic and sustainable partnerships with clients in South East Asia.
“It has long been OMGI’s ambition to expand further in Asia, reaching markets where we are confident we can offer compelling investment ideas and solutions to investors,” said Wong. “Bringing Gerard on board as a regional specialist, into OMGI’s Asia distribution family is another firm step in our global footprint journey.”
Clancy will be promoting the OMGI funds approved under the restricted scheme in Singapore in his new role.
“During my career I have witnessed many regulatory, as well as cultural, changes in the investment world,” added Clancy. “This evolving investment landscape makes for an exciting time.”