Fidelity International has appointed Johann Santer to the newly-created role of head of private banking for Asia ex-Japan.
Santer works with Fidelity’s global teams to deliver investment solutions to private banks in Asia.
He reports to Daisy Ho, the company’s Hong Kong-based managing director for Asia ex-Japan.
The company’s spokesperson told Citywire Asia that the Hong Kong-based role was created to provide greater focus on the significant asset growth opportunity that Fidelity sees in the Asia private banking sector.
Santer joins from Bank Julius Baer, where he was the managing director and head of investment specialists for funds in Hong Kong.
He has over 15 years of industry experience, mainly in the asset management and private banking industries.
Separately, the spokesperson has also confirmed that Mark Talbot, the company’s Hong Kong-based managing director for Asia Pacific retired end-June.
Talbot was responsible for Fidelity’s direction and operations in China, Hong Kong, Singapore, South Korea and Taiwan.
The spokesperson said Fidelity is actively searching for his replacement.
As of end-March, Fidelity managed about $430.7 billion in client assets across Asia Pacific, Europe, the Middle East and South America.