Financial services provider State Street Corporation has named new leaders for its operations in Australia as well as Singapore and Southeast Asia, while Indosuez Wealth Management has appointed Josephine Tom as a fixed income specialist at its Hong Kong branch.
State Street appoints heads of SG and Australia
State Street Corporation has appointed Tim Helyar as its head of Australia and Kevin Hardy as its head of Singapore and Southeast Asia.
The two newly created roles will report to Mostapha Tahiri, chief executive officer for the Asia Pacific, according to an announcement.
Helyar and Hardy will be responsible for driving the firm’s enterprise-wide growth strategy, stewarding client engagement, developing talent and maintaining strong regulatory relationships.
Helyar will be joining State Street next month, bringing almost two decades of experience at JP Morgan Investor Services to the firm. He was until recently the head of fund services product development for the Asia Pacific at JP Morgan.
Hardy will join State Street next month from Additiv Asia, where he was the general manager for the Asia Pacific, responsible for all activities in the region, including sales, relationship management and product.
State Street opened its first offices in Australia and Singapore in 1986 and 1997, respectively. Since then, it has developed an array of comprehensive solutions including investment servicing, investment research and trading, data management and front-to-back asset servicing platform to local institutional investors.
In the six months to June 30, 2021, its assets under custody rose 18% to A$544 billion ($405 billion), making it the fifth-largest custodian in Australia. In Southeast Asia, State Street provides services to clients in Singapore, Malaysia, Thailand, Indonesia and Brunei.
Indosuez Wealth Management announces new appointment
Indosuez Wealth Management, the global wealth management brand of Crédit Agricole group, has appointed Josephine Tom as a Fixed Income Specialist at its Hong Kong branch with immediate effect.
Tom has over 20 years of experience specialising in fixed income. Prior to joining Indosuez, she spent 16 years with DBS Bank in Hong Kong, where she was Fixed Income Sales Head for over two years and led a team that deepened the bank’s franchise in G7 and local currencies in the Asian credit capital markets.
She reports to Timothy Tsang, Head of Investment Solutions and Deputy Head of Markets, Investments and Structuring at Indosuez’s Hong Kong branch.
“We want to deepen our focus and continue giving the best advice to our clients. Josephine as a seasoned expert will strengthen our fixed income advisory business, especially for North Asia where wealth creation takes place at quick pace,” said Olivier Livenais, CEO of Indosuez’s Hong Kong Branch.