News

Fullerton boosts ranks with two senior hires

HandshakeFullerton Fund Management Company has boosted its senior ranks with two appointments designed to strengthen its business team and investment capabilities. Mark Yuen was set to start yesterday (January 8) as the chief business development officer. He joins Fullerton from Eastspring Investments, where he was previously a director and head of institutional sales and client management. Yuen will be responsible for the formulation of business development strategies and initiatives, according to a statement from the Asia-based investment specialist. He will report to Jenny Sofian, Fullerton’s chief executive officer. Fullerton has also appointed Tan Huck Khim as head of private equity (PE). He joined the firm on December 1, 2019 and reports to Patrick Yeo, chief investment officer at Fullerton. Commenting on the senior appointments, Sofian said: “As chief business development officer, Mark will fortify our business strategies, as well as grow our geographical coverage and broaden our client base. Huck Khim’s appointment as head of private equity represents new leadership in PE, which strengthens our private market capabilities to serve a wider group of client segments. This is in line with our ambition to grow Fullerton’s footprint and be a leading asset management player.” Fullerton manages approximately $33 billion in assets, the firm claims. ©2019 funds global asia

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