ON THE MOVE: State Street Appoints Australia, SE Asia Heads; Deutsche Bank WM Hires North Asia Head
State Street announced it had appointed Tim Helyar as head of Australia and Kevin Hardy as head of Singapore and Southeast Asia, as part of its Asia Pacific growth plan.
The two newly created roles will report to Mostapha Tahiri, chief executive officer for Asia Pacific. Based in Sydney and Singapore, Helyar and Hardy will oversee State Street’s business in Australia and Southeast Asia respectively, including driving the enterprise-wide growth strategy, stewarding client engagement, developing talent and maintaining strong regulatory relationships.
“With significant, on-the-ground experience working with asset owners and asset managers in Australia and Southeast Asia, Tim and Kevin understand the unique demands of our clients in local markets. I am delighted to have such strong leaders in these two important markets as we continue to accelerate our growth in Asia Pacific,” said Tahiri.
Helyar will be joining State Street next month, bringing almost two decades of experience at JP Morgan Investor Services to the firm. He was most recently head of fund services product development for Asia Pacific at the firm.
Hardy will also join State Street next month from Additiv Asia where he was general manager for Asia Pacific, responsible for all activities in the region including sales, relationship management and product for the Swiss-based technology provider.
DBS Group Holdings has appointed Soh Kian Tiong as its Chief Risk Officer, effective 4 November. Soh will report to CEO Piyush Gupta and will also be accountable to the Board Risk Management Committee.
Soh will take over from Tan Teck Long, who depart the bank to return to a customer-faciing role. Soh has over 25 years of experience in business and risk roles. Prior to his new role, he served as senior risk executive for DBS Hong Kong since June 2019.
Deutsche Bank Wealth Management (DBWM) has hired Tse Yi-Mun as a managing director and group head for North Asia, reporting to Kanas Chan, DBWM’s head of wealth management for North Asia.
Based in Singapore, Tse joins the company from HSBC where she was the market head for Hong Kong. With 23 years of private banking experience, extensive network and solid knowledge of the market, she will be responsible for new business development in the region.