Published by Asia Investor – 25th July 2017
The firm’s former Greater China head moved on shortly before the arrival of Mark Speciale last month as Asia-Pacific head of institutional business.
BNP Paribas Asset Management has seen Cheng Tan-Feng, its former head of Greater China, leave the firm amid a reshuffle of the team.
He had been with the firm since 2001 and prior to his most recent role had served as Asia-Pacific head of sales until 2014.
A spokesman for BNP Paribas AM could not immediately confirm the date of Cheng’s departure, but his licence with the company ended on April 30.
The move came shortly before Mark Speciale joined on June 13 as Asia-Pacific head of institutional business, as first reported by AsianInvestor.
Speciale now also oversees the Greater China business, which includes a wholly foreign-owned entity it opened in 2014 in Shanghai and a joint venture, HFT Investment Management.
Christian Bucaro looks after wholesale distribution for Asia Pacific as well as being Singapore chief executive.
Meanwhile, Tan Puay Lit, formerly Asia-Pacific head of official institutions and head of institutional business for South and Southeast Asia, has been on sabbatical since October 2016. The spokesman said: “We are unable to comment on his personal decision on when he will be back.”
BNP Paribas AM rebranded from BNP Paribas Investment Partners in May this year.
