Aberdeen Standard Investments (ASI) has appointed René Buehlmann as chief executive officer of its Asia-Pacific business, effective March 1. He succeeds Hugh Young, who will take on a new role as chairman of Asia, the asset management firm says in a statement.
Buehlmann will be responsible for driving the company’s global strategy in the region. Based in Singapore, he will join the executive leadership team and report to Stephen Bird, CEO of Standard Life Aberdeen.
Buehlmann brings over three decades’ experience in global wealth and asset management, corporate banking and financial markets, including 29 years with UBS. He was most recently head of asset management for Asia-Pacific and global head of wholesale client coverage at UBS, where he led its regional operations across seven countries and managed its global wholesale business.
He has a proven track record of developing investment business in APAC across segments and distribution channels, the statement says.
In his role as chairman of Asia, Young will continue to champion ASI’s business in the region. He will provide strategic counsel to Buehlmann and retain his director positions on fund and UK investment trust boards.
Bird comments: “The Asia-Pacific region is core to Standard Life Aberdeen’s growth strategy. [Buehlman’s] wealth of experience in asset and wealth management, deep knowledge of key client segments and a proven record of developing a strategic business will support our growth ambition. His acute understanding of client needs and evolving investment trends will be vital, as we focus on the significant opportunities in the region and delivering a diverse array of future-fit investment solutions to our clients.”
