Nathan promoted to SGAM Asia CEO

His predecessor, Albert Reculeau, will concentrate on building the Korea joint venture with IBK.

Mahendran Nathan has been promoted to regional CEO at SG Asset Management in Singapore while Albert Reculeau, the previous CEO, is heading to Seoul to manage the firm's new joint venture with Industrial Bank of Korea IBK.

Reculeau has no formal title or position at the JV, as the two partners are still hammering out the operational details. But he will run Korea separately from the rest of the region and report directly to Paris.

Nathan has been regional head of business at SGAM since 1998, managing institutional and fund distribution activities. He is based in Singapore, but in 2001 was seconded to also...

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