Aberdeen Standard hires Hong Kong head

Aberdeen Standard Investments has hired David Lam, an experienced executive in the wealth management sector, as its head of Hong Kong. Lam joins from Carret Private Investments, where he was chairman of the advisory board. He has also worked for Coutts, GAM and Merill Lynch. “We are seeing good momentum in the local business right now,” said Ian Macdonald, deputy head of Asia Pacific. “In addition, Hong Kong also provides a gateway for assets flowing in and out of mainland China.” Lam is tasked with overseeing the planning and development of the Hong Kong business, which he must align with the firm's general objectives in the Asia-Pacific region. Aberdeen Standard was formed last year by a merger of Standard Life and Aberdeen Asset Management. ©2018 funds global asia

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