People Moves: BNP Paribas Asset Management appoints Malaysia Chief Executive Officer

26/01/2023

Press Release - BNP Paribas Asset Management ('BNPP AM') today announced the appointment of Daniel Choong as the firm's Malaysia Chief Executive Officer (CEO), subject to regulatory approval. He succeeds Angelia Chin-Sharpe, who relocated to Singapore last August following her appointment as the firm's Singapore CEO. Based in Kuala Lumpur, Daniel will report to Angelia.

As the Malaysia CEO, Daniel will be responsible for accelerating and strengthening the firm's local business interests, while driving BNPP AM's sustainable solution offerings across the market's clients groups.

Daniel is armed with over 26 years of experience in financial services and the investment management industry; and an excellent knowledge of Institutional client segments across conventional and Islamic businesses. He has held senior roles across financial firms in Singapore and Malaysia, including ABN AMRO Asset Management (Singapore), and Nomura Islamic Asset Management Sdn. Bhd (Malaysia). He was most recently Managing Director / Board of Director Head of Distribution for abrdn Malaysia Sdn. Bhd where he oversaw the overall management of the firm's local set up; and the Business Development team across the Institutional and Wholesale client segments for Malaysia and part of South East Asia. 

Commenting on the appointment, Angelia Chin-Sharpe said:

"We are very pleased to welcome Daniel to BNP Paribas Asset Management as we continue to reinforce and extend the firm's commitment to sustainable investing in Asia Pacific; and offer our clients the best solutions and services in what is a growth market for BNP Paribas Asset Management. 

Daniel's experience in leading and working across asset management firms in Malaysia and South East Asia enables him to have an acute understanding of business development across markets in this region. He will be an invaluable addition to the management team as we further cement our positon as the sustainable investor for a changing world."

Daniel holds a Bachelor of Business, majoring in Economics and Finance from Royal Melbourne Institute of Technology (RMIT), Australia. He was also a participant in the Malaysia National Key Economic Area (NKEA) labs for the Economic Transformation Programme (ETP) in 2010, an initiative championed by the Malaysian Prime Minister

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About BNP Paribas Asset Management

BNP Paribas Asset Management ('BNPP AM') is the investment arm of BNP Paribas, a leading banking group in Europe with international reach. BNPP AM aims to generate long-term sustainable investment returns for its clients, based on a unique sustainability-driven philosophy. BNPP AM's investment capabilities are focused around five key strategies: High Conviction Strategies, Private Debt & Real Assets, Multi-Asset, Quantitative & Solutions (MAQS), Emerging markets and Liquidity Solutions, with investment processes incorporating quantitative and fundamental analysis.

Sustainability is embedded within BNPP AM's strategy and investment decision-making. Among the leaders in thematic investment in Europe, BNPP AM contributes to the energy transition, environmental sustainability and the promotion of equality and inclusive growth. BNPP AM currently manages EUR 501 billion of assets (EUR 621 billion of assets under management and advisory) and benefits from the expertise of around 500 investment professionals and around 400 client servicing specialists, serving individual, corporate and institutional clients in 67 countries. 

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