Aberdeen Standard Investments (ASI) has confirmed the appointment of Ken Yajima as chief executive officer and representative director of its Japan business, based in Tokyo.
Yajima succeeds Neil Slater, who takes up his new role as deputy head of private markets and global head of real estate. Both appointments will take effect in October.
Yajima has more than 20 years' experience in Japan's asset management and financial services industry, with a track record in developing successful businesses covering intermediary and institutional, including insurance companies and pension funds.
He joins ASI from Schroders where he held senior roles for 15 years. Before that, he was with JP Morgan for fifteen years in senior positions including head of Business Initiatives Management and head of Institutional Sales at JP Morgan in Japan.
Hugh Young, head of Asia-Pacific at Aberdeen Standard Investments, said: "Japan is a strategic priority for Aberdeen Standard Investments. Ken brings deep insights into the Japanese asset management industry and a wealth of experience in distribution and business management, which will be critical to realizing our ambition of delivering world-class investment capabilities to meet Japanese clients' financial goals.
"As private markets and real estate strategies are increasingly important in our clients' portfolios, I'm delighted that Neil will be able to continue contributing to our Asia-Pacific growth journey in his new capacity."
Aberdeen Standard Investments (Japan) Limited was created in December 2017 from the merger of Standard Life Investments (Japan) Limited and Aberdeen Investment Management. The company has had a presence in Japan since 2006.