LORETTA Ng will be joining M&G Investments (M&G) as head of its Asian business on November 1 the company announces.
Ng joins from Eastspring Investments, where she served as CEO of Eastspring Taiwan for eight years. Prior to that she was chief marketing officer of Eastspring Taiwan, and head of product, marketing and business operations for Eastspring Singapore. She also served on the board of Eastspring’s asset management joint venture in China for three years.
In her new role, Ng will be based in Singapore, and will report to Joffy Willcocks, M&G’s head of distribution for asset management, and chief international officer, Graham Mason, who says, “This is a great step forward for our business in Asia as we continue to invest for long term strategic growth in the markets of Hong Kong, Singapore, Taiwan, Japan, South Korea and China.
M&G is set to demerge from its parent company Prudential plc on October 21 to become an independent company listed on the London Stock Exchange, under the name M&G Plc, and Ng’s hire represents another step in the company’s strategy to invest in global locations and markets offering client development opportunities and scope for future growth. It also builds upon the growth of its Asian real estate investment portfolio and its recent investment in Asian equity fund management and research.