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Former State Street director James ONG appointed CEO of Value Partners Singapore

Monday, December 06, 2021
Opalesque Industry Update - Value Partners Group Limited has appointed Mr. James ONG as Managing Director, Head of Southeast Asia and Chief Executive Officer (CEO) of Singapore, effective 29 November 2021.

This senior appointment is part of the Group's efforts to bolster its Southeast Asia business to capture further growth in the asset and wealth management market in the Southeast Asia region.

Based in Singapore, Mr. ONG brings over 25 years of leadership and sales management experience from leading financial institutions. In his new role, Mr. ONG will be responsible for overseeing the Group's business in Southeast Asia and will become the CEO of Value Partners Asset Management Singapore Pte. Ltd. He will be leading the Group's institutional business for Southeast Asia, and will be partnering alongside Mr. Wallace TSANG, the Group's Head of Intermediary Business to drive the Southeast Asia Intermediaries business. Mr. ONG reports to Value Partners Group's President Ms. June WONG.

Most recently, Mr. ONG was Managing Director and Head of Southeast Asia at State Street Global Advisors (SSGA), where he oversaw the firm's institutional and intermediary businesses in the region. Before SSGA, he was Client Director at HSBC Asset Management and Director at UOB Asset Management. Prior to that, he worked at a boutique investment advisory firm and insurance companies.

In welcoming Mr. ONG's appointment, Value Partners Group's President Ms. June WONG said, "We are delighted to announce James' appointment onto our senior management team. James' wealth of experience and deep knowledge of the local markets in Southeast Asia complements our already existing sales and distribution capabilities in the region and will help further capture business opportunities in this fast-growing market."

Founded in 1993, Value Partners Group (Hong Kong stock code: 806) is - today - one of Asia's leading and most respected asset management firms with assets of around US$11.5 billion (as at the end of August 2021).

Our investment strategies encompass Equities, Fixed Income, Alternatives, Multi-asset and Quantitative Investment Solutions, enabling us to serve the needs of our institutional and individual clients in Asia Pacific, Europe and North America.

Press release

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