Schroders announces new leadership in Asia Pacific

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MEDIA RELEASE: Schroders has made senior leadership appointments to both its Asia Pacific region and Japan business as the Group continues to deliver on its ambitious growth strategy across Asia Pacific.

Following the promotion of Lieven Debruyne from CEO, Asia Pacific to Global Head of Distribution earlier this year,Chris Durack, Country Head of Australia, and Susan Soh, Country Head of Singapore, will succeed Lieven Debruyne and have been appointed as Co-Heads of Asia Pacific with effect from Q2 2020. Chris and Susan will retain their roles as country heads of Australia and Singapore respectively.

In Japan, Noriaki (Nori) Kurose will join Schroders as Country Head of Japan on 1 May. Nori joins from Pictet Asset Management, where he held the position of Managing Director and Board member of the Japan business. Nori succeeds Shigesuke Kashiwagi, who has decided to step down on completion of his term of directorship. 

Peter Harrison, Group Chief Executive, Schroders, commented:

“Schroders recognises the importance of the Asia Pacific region, which has seen rapid growth and offers continued opportunities for our clients.  Our focus on the region is a key part of our ongoing strategy, so it is critical for us to ensure we have best-in-class leadership, ensuring we can meet the needs of new and existing clients.”

Lieven Debruyne, Global Head of Distribution, Schroders commented:

“I am pleased to hand over leadership of the APAC business to established senior leaders Chris Durack and Susan Soh. With their combined wealth of industry and client engagement experience, our strong performing business across Asia Pacific is well positioned for the next stage of growth. We are also delighted to welcome Nori to his new role, and look forward to benefitting from his deep knowledge and understanding of the Japanese market.”

Chris Durack has served as CEO of Schroders Australia since 2018, having originally joined Schroders as Head of Distribution in Australia in 2011 and then serving as Country Head of Schroders Hong Kong. Prior to this, he was CEO of NSW State Super Corporation.

Susan Soh joined Schroders Singapore as Head of Distribution in 2005 and was appointed CEO of Schroders Singapore in 2007. She serves as a Council Member of the Institute of Banking & Finance (IBF) and is also Chair of the Investment Management Association of Singapore (IMAS).

Noriaki (Nori) Kurose was formerly Managing Director and a Board Member at Pictet Asset Management (Japan), where he spent seven years in various senior institutional and retail sales and product roles. Prior to that, he worked 10 years at Man Investment Securities Japan where he was the Deputy Head of Marketing and Business Development.