Hong Kong, 12 May 2011 – Fidelity International today announced new senior management appointments as part of its efforts to capture a larger share of the growing asset management industry across the region.
Mr Mark Talbot has been appointed as Managing Director, Asia ex-Japan, commencing on 27 June 2011. Mr Talbot was formerly CEO, Asia ex-Japan for Barclays Global Investors (BGI), based in Hong Kong. Prior to this he was Chief Investment Officer, Asia Fixed Income for BGI. He previously held a number of senior fixed income positions in San Francisco and London. With nearly 20 years’ experience in the industry, he has responsibility for Fidelity’s strategic direction and operations in China, Hong Kong, Singapore, South Korea and Taiwan. He will report to Mr Arne Lindman, CEO Asia Pacific.
Ms Judy Marlinski has been appointed as President, Japan, commencing 1 June, 2011. Ms Marlinski will be succeeding Thomas Balk, who will return to Europe to take up a new position at Fidelity International in the UK. With 25 years at Fidelity, Ms Marlinski is one of Fidelity International’s most experienced managers and has held multiple roles internationally in both investment and business areas. She has spent the last 8 years working for Fidelity International in Tokyo, first as Chief Operating Officer - Investments and, since 2006, as Head of Product Management.
“As a privately owned company, we can take the opportunity to anticipate mid and long term growth in the region by making senior hires in the business and aggressively pursuing new business opportunities. The asset management industry’s long term prospects in the region show enormous potential, despite the somewhat challenging market conditions at present, and we remain committed to investing in its future growth,” said Mr. Arne Lindman, CEO Asia Pacific for Fidelity International.
“As Managing Director, Asia ex-Japan, Mark will develop our Retail, Wholesale and Institutional businesses in China, Hong Kong, Singapore, South Korea and Taiwan with a focus on driving new sales and marketing efforts as well as product development. An important part of this role will also be to ensure that we continue to liaise with local governments and regulators to help them strike a balance between protecting investor interests and encouraging long term and disciplined savings. Having global leaders such as Fidelity actively participating in the regulatory debate will become paramount in the next two to three years in Asia so this will also be a key focus for this new role.”
“Fidelity International has a presence of over 40 years in Japan, and is well established as the leading foreign asset manager in the mutual fund market, and holds a leadership position in Japanese equities. As our new President in Japan, Judy will inherit a strong business, which I am confident she will lead towards further sustainable growth. Her experience in investments and products will be of great value in her new role, where our business success will rely greatly on addressing the unique needs that Japan’s demographic ageing poses.”
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About Fidelity International
Fidelity International provides investment products and services to individuals and institutions in the UK, continental Europe, the Middle East and Asia Pacific. Established in 1969, the company has over 5,400 staff in 23 countries and manages or administers client assets US$309.7 billion as at 31 March 2011. Fidelity has over 7 million customer holdings and manages more than 750 equity, fixed income, property and asset allocation funds. Fidelity’s fund managers receive research from one of the largest proprietary research teams, covering 99% of the world’s largest listed companies. Fidelity International is an independent company which is privately owned.
Tel: 852 2629 2800
Tel: 852 2629 2800