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Eastspring appoints new CEO for Singapore business

24 Aug 2016

SINGAPORE (24 August 2016) - Eastspring Investments (“Eastspring”), the US$140 billion Asian investment management arm of Prudential plc, and one of the region’s largest investment managers, today announced that Mr Phil Stockwell has been appointed Chief Executive Officer of its Singapore business, effective 1 September 2016.

Reporting to Eastspring Investments Chief Executive, Guy Strapp, Mr Stockwell will be responsible for the operations of the Singapore office which is the largest of Eastspring’s 10 Asia offices and, with 350 employees, serves as the asset manager’s central investment hub.

Having joined Eastspring in 2014, Mr Stockwell has considerable investment management experience across the Asia Pacific region. He takes over the CEO role from Ms Jackie Chew who has been appointed to a global role within Prudential plc’s internal audit team.

Mr Stockwell is a member of Eastspring’s Executive Management Committee and is the firm’s Chief Operating Officer. In this role he leads local and regional operations, IT, dealing, performance, enterprise data, investment compliance, front office support and programme management office.

Prior to joining Eastspring, Mr Stockwell was the Chief Operating Officer at BT Investment Management in Australia and held consulting roles with McKinsey & Company and KPMG Consulting.

“We are delighted that Phil will be leading our Singapore team,” said Mr Strapp. “Singapore is not only our investment hub but is also increasingly important in supporting our global operations.

Phil’s experience, drive and understanding of the investment industry will greatly benefit this important part of our business. He will be instrumental in continuing to grow our business 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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