$939 Billion Asset Manager Schroders Announces Senior Leadership Changes in APAC: Chris Durack as CEO APAC, Succeeds Susan Soh Who is Retiring after 17 Years, Gopi Mirchandani as CEO Hong Kong
15th November 2022 | Hong Kong
Schroders, one of European largest asset managers with $939 billion AUM (Assets under Management), has announced senior leadership changes in Asia-Pacific, with Chris Durack appointed as Schroders CEO APAC (Jan 2023), succeeding Susan Soh who is retiring after 17 years at Schroders, and Gopi Mirchandani as Schroders CEO Hong Kong and Head of Strategic APAC (Gopi Mirchandani is the CEO & Head of Client Group Asia of NN Investment Partners – NNIP), succeeding Amy Cho (Jan 2023). Schroders new CEO APAC Chris Durack, who had held the role of Schroders Co-Head of APAC, rejoins Schroders after leaving in 2021 due to his family health circumstances that prevented Chris from relocating to Asia from Australia. Chris Durack had been with Schroders for 10 years (2011 – 2021), joining from one of Australia’s oldest superannuation fund SAS Trustee Corporation (State Super), where he was the CEO. More senior appointments include Szu Yi Chin as Schroders Head of Distribution (1/10/22), Amanda Irving as Schroders Head of Marketing APAC, and Michelle Han as Schroders Global Head of Growth & Digital Marketing. See more info on Schroders senior leadership changes in APAC below.
” $939 Billion Asset Manager Schroders Announces Senior Leadership Changes in APAC: Chris Durack as CEO APAC, Succeeds Susan Soh Who is Retiring after 17 Years, Gopi Mirchandani as CEO Hong Kong “
Peter Harrison, Schroders Group Chief Executive: “The Asia Pacific region is a key part of Schroders’ growth strategy, and we are proud to have a line-up of strong senior leaders in the region to sustain our business momentum. We have been fortunate to have a leader of Susan Soh’s calibre for the past 17 years, and whilst Susan will remain as a Senior Advisor to our business, we wish her well in her retirement from executive responsibilities. I am pleased to welcome Chris Durack back to the Schroders family. With a decade-long tenure at Schroders and a wealth of industry knowledge, Chris is ideally placed to lead the Asia Pacific region and ensure the ongoing success of our business.”
Lieven Debruyne, Schroders Global Head of Distribution: “With the appointment of Chris Durack and the strength of his leadership team in the Asia Pacific region, I am confident we will continue to deliver leading global and local investment solutions to our clients across the region. To help drive our strategy forward, Schroders warmly welcomes Gopi Mirchandani and Szu Yi Chin to our business and Amanda Irving to Singapore. We thank Amy Cho for leading a successful business in Hong Kong over the last four years amidst the incredibly challenging environment and market conditions and for her broader contributions to the region in her Deputy Head role. We wish her the best in her new pursuits.”
Outgoing Schroders CEO APAC Susan Soh
Schroders – After more than 17 years with Schroders, Susan Soh, CEO of Asia Pacific, will retire from the firm at the end of this year. Susan leaves with a long track record of success in the key roles she has held, including a very strong period of business growth as CEO of Singapore and South-East Asia. Susan is a recognised leader in the industry, holding a number of public positions, including Chairman of the Investment Management Association of Singapore (IMAS) and Distinguished Fellow of the Institute of Banking & Finance (IBF). Susan will remain in a part-time Senior Advisor role at Schroders.
Incoming Schroders CEO APAC Chris Durack
Schroders – Succeeding Susan in the role of CEO of Asia Pacific is Chris Durack, who re-joins Schroders. Chris previously spent ten years at Schroders in various leadership roles, including CEO, Hong Kong, CEO, Australia and most recently, as Co-Head of Asia Pacific. Chris will assume the role from January 2023 and will be based in Singapore.
Schroders new CEO APAC Chris Durack, who had held the role of Schroders Co-Head of Asia-Pacific, rejoins Schroders after leaving in 2021 due to his family health circumstances that prevented Chris from relocating to Asia from Australia. Chris Durack had been with Schroders for 10 years (2011 – 2021), joining from one of Australia’s oldest superannuation fund SAS Trustee Corporation (State Super), where he was the CEO.
Outgoing Schroders CEO Hong Kong Amy Cho
Schroders – After 4 years of driving growth in the Hong Kong business and contributing to the APAC Distribution initiatives, Amy Cho, CEO, Hong Kong and Deputy Head of Asia Pacific, has decided to pursue her aspirations and personal interests outside the company. Amy will transition her responsibilities from early January 2023.
Incoming Schroders CEO Hong Kong Gopi Mirchandani
Schroders – Gopi Mirchandani, currently CEO & Head of Client Group Asia at NN Investment Partners (NNIP), will be appointed CEO, Hong Kong, reporting to Chris Durack, with effect from mid-January 2023. Additionally, Gopi will take on the newly created role of Head of Strategy, Asia Pacific, where she will work with the leadership team to identify new business opportunities and partnerships to accelerate growth across the region. A lawyer by training, Gopi held senior legal and compliance roles in the Monetary Authority of Singapore, Deutsche Asset Management and Fullerton Fund Management prior to taking on broader business roles.
Schroders Head of Distribution APAC Szu Yi Chin
Schroders – Szu Yi Chin was appointed to the newly created role of Head of Distribution, Asia Pacific on 1 October 2022. Based in Singapore, she will work closely with our distribution, product and marketing teams in the region to drive the sales agenda and help fulfil our ambition to be our clients’ trusted advisor. Szu Yi was previously with Schroders for 12 years, where she was responsible for the Mutual Funds business in Singapore and Malaysia. She spent the past eight years with Fidelity International, where her last position was Chairman and Head of Taiwan.
Schroders Head of Marketing APAC, Amanda Irving
Schroders – Amanda Irving, currently Head of Marketing for Australia, has been appointed Head of Marketing, APAC, with effect from November 2022. Currently based in Sydney, Amanda will relocate to Singapore in January 2023. She replaces Michelle Han, who has moved to London to take up the role of Global Head of Growth and Digital Marketing. Amanda has 20 years of financial services marketing experience and was Marketing Director at BT Financial Group prior to joining Schroders.
Schroders Global Head of Growth & Digital Marketing, Michelle Han
Schroders – Michelle Han, current Head of Marketing APAC, has moved to London to take up the role of Global Head of Growth and Digital Marketing.
Peter Harrison, Schroders Group Chief Executive:
“The Asia Pacific region is a key part of Schroders’ growth strategy, and we are proud to have a line-up of strong senior leaders in the region to sustain our business momentum. We have been fortunate to have a leader of Susan Soh’s calibre for the past 17 years, and whilst Susan will remain as a Senior Advisor to our business, we wish her well in her retirement from executive responsibilities.
I am pleased to welcome Chris Durack back to the Schroders family. With a decade-long tenure at Schroders and a wealth of industry knowledge, Chris is ideally placed to lead the Asia Pacific region and ensure the ongoing success of our business.”
Lieven Debruyne, Schroders Global Head of Distribution:
“With the appointment of Chris Durack and the strength of his leadership team in the Asia Pacific region, I am confident we will continue to deliver leading global and local investment solutions to our clients across the region. To help drive our strategy forward, Schroders warmly welcomes Gopi Mirchandani and Szu Yi Chin to our business and Amanda Irving to Singapore.
We thank Amy Cho for leading a successful business in Hong Kong over the last four years amidst the incredibly challenging environment and market conditions and for her broader contributions to the region in her Deputy Head role. We wish her the best in her new pursuits.”
Schroders
Founded in 1804, Schroders is one of Europe’s largest independent investment management firms by assets under management. As at 30 June 2022, assets under management were £773.4 billion (€898.4 billion; $939.2 billion). The founding family remain a core shareholder, holding approximately 48% of the firm’s voting shares. Schroders has continued to deliver strong financial results. It has a market capitalisation of circa £7.7 billion and employs over 5,800 people across 38 locations. Schroders has benefited from the most diverse business model of any UK asset manager by geography, by asset class and by client type. Schroders offers innovative products and solutions across their five business areas of solutions; institutional; mutual funds; private assets & alternatives; and wealth management. Clients include insurance companies, pension schemes, sovereign wealth funds, endowments and foundations. They also manage assets for end clients as part of their relationships with distributors, financial advisers and online platforms. Schroders’ Wealth Management offering reflects their strategic ambition to provide wealth management and financial planning services to clients across the wealth spectrum.
Schroders’ strategic aims are to grow their asset management business, build closer relationships with end clients and expand their private assets and alternatives business. Schroders’ purpose is to provide excellent investment performance to clients through active management. The business channels capital into sustainable and durable businesses to accelerate positive change in the world. Schroders’ business philosophy is based on the belief that if they deliver for clients, they deliver for Shareholders and other stakeholders. Further information about Schroders can be found at www.schroders.com.
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