Nikko Asset Management adds executive vice chairman
Hideo Abe has been appointed executive vice chairman of Nikko Asset Management.
In this newly created role, Abe will help enhance the company’s executive-level marketing capability as it seeks to reach a wider range of institutional and retail investors in both the Japanese domestic market and overseas.
The 36-year veteran of the financial services industry will be based in the company’s Tokyo headquarters.
“As a highly experienced senior executive in world-class financial institutions, Mr Abe has a distinguished track record in cultivating relationships with clients, and we look forward to working with him,” says Takumi Shibata, executive chairman of Nikko AM.
“To fulfil our pledge to be Asia’s leading independent asset management company, we are determined to upgrade our access to clients on a global basis, and this is an area where Mr Abe has demonstrated particular expertise,” says Charles Beazley, president and chief executive of Nikko AM. “The management team will gain from his insights and valuable network in the financial industry.”
Abe was most recently an adviser at Mizuho Securities where he served as deputy president from 2008 to 2013. Prior to Mizuho Securities, Abe was a board member at Nikko Citigroup, where he also served as chief executive officer from 2004 to 2008. During the course of his career at Nikko Cordial Securities and its forerunner company, Nikko Securities, he variously led business planning, products and marketing, fixed income trading and capital markets. From 1987 to 1995, Abe was assigned to Nikko Europe, based in London. He joined Nikko Securities in 1977, following his graduation from Keio University.
“I’m very pleased to be joining Nikko AM at this critical time in the firm’s history,” Abe says. “The company has developed a very unique position as a pan-Asian asset manager, and as the investment opportunity in Asia becomes increasingly attractive, we will position the firm to reach institutional and retail investors alike in markets around the world.”
Abe will begin working at Nikko AM on 1 October 2013.
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