Eastspring Investments, the asset management arm of Prudential Corporation Asia, today announced the appointment of Tsukasa Sekizaki as President and Chief Executive Officer of Eastspring Investments Japan. The appointment will take effect from mid-September, subject to formal approvals.
Mr Sekizaki brings more than 25 years of financial services experience to the role. He joins Eastspring Investments Japan after 12 years at Deutsche Bank Group, Japan where he served as President and CEO of Deutsche Trust Company Limited and Deutsche Asset & Wealth Management.
Prior to joining Deutsche, Mr Sekizaki held distribution leadership roles with other global fund houses based in Japan, including Fidelity Investments (Japan) Limited where he worked for nearly 15 years.
Mr Sekizaki’s appointment follows the resignation of Mr Koji Wada who is leaving to pursue other opportunities.
Announcing the appointment, Eastspring Investments Chief Executive Guy Strapp said, Mr Sekizaki will play a key role in driving distribution growth in what was one of Eastspring’s most critical markets.
Mr Strapp also paid tribute to Mr Wada’s contribution to building the Japan business.
Eastspring Investments recently reported 22% increase of FUM to US$115 billion following first half growth in third party net flows (as at 30 June, 2014).