Asian business development veteran Andrew Ang joins Azimut in Singapore

Andrew Ang is joining Azimut Investment Management as head of institutional and wholesale Asia in Singapore.

Ang (pictured) brings 30 years of experience in institutional investment, wealth management and banking - mostly in sales and business development roles.

He has worked with both small/mid-sized and large regional/global organisations, including UOB, Pioneer Investments, SHK Financial, Merrill Lynch Banque Suisse, J O Hambro Capital Management, and - most recently - KraneShares.

During his career Ang has focused on growing and developing new business initiatives across various Asian markets.

In his new role, he will report to Maroun Jalkh, CEO of Azimut (ME), head of institutional and wholesale Middle East & Asia for Azimut Group.

Jalkh said: "Andrew will be the first member of the Institutional and Wholesale team to be physically based in Asia. This client segment was predominantly covered from the UAE. We are happy to capitalize on Azimut’s 10 years presence in Singapore to effectively showcase the range of Azimut products, including our growing private markets strategies."

Ang will also liaise closely with Andrea Ciaccio, CEO and CIO of AZIMSG.

Ciaccio said: "We are delighted to have somebody with Andrew’s experience joining us in Singapore. I look forward to collaborating with him to support our comprehensive suite of Asia strategies."

Ang’s arrival will take the headcount at the company’s Singapore office to 50, making it one of the largest investment and wealth managers in the city by that measure.

Azimut is an independent, global group in the asset management space, serving institutional, private, and corporate clients, listed on the Milan Stock Exchange and active in 18 countries around the world, managing approximately $100bn in AUM.

The group currently has more than 1,650 employees, of which 200+ are investment professionals and since 2010, it has grown internationally, expanding to key markets including the Middle East, China, Latin America, and the US.