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Eastspring announces new CEO for Malaysia business

11 Apr 2016

HONG KONG (11 April 2016) - Eastspring Investments (“Eastspring”), the US$131 billion Asian investment management arm of Prudential plc, and one of Asia’s largest investment managers, announced today that Mr Raymond Tang has been appointed Chief Executive Officer of Eastspring Investments Berhad Malaysia. Mr Tang is an industry veteran, having had a successful career leading investment and distribution functions for major asset managers in Malaysia.


In this role, Mr Tang will be responsible for growing Eastspring’s business in Malaysia and further developing relationships with its clients.


With almost 30 years of industry experience, Mr Tang joins Eastspring from CIMB-Principal Asset Management Berhad, where he held a variety of senior roles including Head of International and Institutional Business and Chief Investment Officer, ASEAN Region. Previously, he was the Chief Investment Officer at CMS Dresdner Asset Management.


Mr Tang is currently the Chairman of the Malaysian Association of Asset Managers as well as the Chairman of the FTSE Bursa Malaysia Index Advisory Committee. In addition, he is a Founding Director of the Securities Industry Dispute Resolution Center.


“I am delighted to welcome an executive of Raymond’s calibre to our regional leadership team,” said Mr Guy Strapp, Chief Executive of Eastspring Investments. “Not only does he bring extensive industry experience – in management, investment and distribution - he is a strong leader, widely respected within the industry, and will play a key role in expanding the Eastspring brand in this important market.”

 

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Prudential plc, incorporated and with its principal place of business in England, and its affiliated companies constitute one of the world's leading financial services groups and has been in existence for over 166 years. It provides insurance and financial services directly and through its subsidiaries and affiliates throughout the world. Prudential plc is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America.

Eastspring Investments herein refers as Eastspring.

 

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