Eastspring hires new CEO as Strapp retires

Pedro Gonçalves
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Eastspring hires new CEO as Strapp retires

Eastspring has named Wai-Kwong Seck its new chief executive as Guy Strapp announced his retirement after 12 years with the company.

Seck was previously Asia Pacific CEO of State Street Bank & Trust Company and is due to join the $195bn asset manager on 15 April. Prior to joining State Street in 2011, he was CFO of the Singapore Exchange for eight years, with stints Seck in the Monetary Authority of Singapore, the government of Singapore Investment Corporation, Lehman Brothers and DBS Bank.

"I am excited to be taking on the role of chief executive officer for Eastspring.  It has a proven track record and is a leading player in Asia. 

"Having worked in the sector and in the region throughout my career, I am acutely aware of its potential and significant opportunities. With its strong investment capabilities, Eastspring is well poised to achieve the next level of growth."

"Having worked in the sector and in the region throughout my career, I am acutely aware of its potential and significant opportunities. With its strong investment capabilities, Eastspring is well poised to achieve the next level of growth," Seck said.

In his new role, he will be responsible for growing the business, deepening its investment capabilities and expanding Eastspring's global and local retail and institutional client base.