HSBC Asset Management today announced the appointment of Christina Sung as Head, HSBC Asset Management Group, Taiwan and as Senior Advisor, Mutual Funds, Asia-Pacific.Ms Sung
will take up her
new responsibilities on 1 April 2004, and in both roles she
will report to Blair Pickerell, Chief Executive, Asia-Pacific of HSBC Asset Management
will be responsible for overseeing the strategy for HSBC Asset Management
will also be responsible for advising HSBC Asset Management
on the development of its mutual fund business in China and throughout the Asia Pacific region Mr Pickerell said, "I am delighted that Christina
has chosen to join HSBC Asset Management
.Taiwan is strategically a very important market for us, and Christina
is widely recognised as a leader of the mutual fund industry in Taiwan, having been involved with the industry since its earliest days.I have had the pleasure of working with Christina
for much of the past 18 years, and I believe her
experience and expertise will help us to make HSBC Asset Management
an even stronger firm in Taiwan."
"With nearly two decades of experience in the investment management field and as the original pioneer of this industry in Taiwan, Christina
has a knowledge of the mutual fund industry which is unmatched in the region." Ms Sung
added: "I am pleased to be joining one of Asia's leading investment management firms.
has 18 years' experience in the fund management industry in Taiwan, all with JF Asset Management.She
played an important role in the development of the industry in Taiwan and has been instrumental in introducing many key concepts in what is now the largest mutual fund market in Asia outside of Japan.Ms Sung
was also involved in the early development of the mutual fund industry in China and acted as an adviser on the launch of the first open-ended mutual fund in China.Most recently she served as Head of JF Asset Management in Taiwan and as Co-Senior Country Officer of JPMorgan Chase in Taiwan.Ms Sung holds a masters degree in business administration from National Cheng-chi University in Taiwan.In 1998, she was named the Best CEO in Taiwan by the Securities and Futures Development Foundation, and in the same year she was named Outstanding Business Woman in Taiwan by the Chinese Woman's Business Association.