Old Mutual Global Investors appoints Gerard Clancy SEA head of sales

The company expands its Asia reach.

Old Mutual Global Investors (OMGI), part of Old Mutual Wealth, recently announced the hire of Gerard Clancy, head of sales, South East Asia, based in Singapore. He joined the business on 4 July 2016 and will report to Carol Wong, managing director, Asia Pacific, who is based in Hong Kong.

According to a release from OMGI, Mr. Clancy joins from Columbia Threadneedle Investments where he was executive director, wholesale distribution for the past five years. He was responsible for business development specifically focussed on South East Asia markets, conducting business through private banking, consumer and IFA channels.

During his 20 years’ career experience he has held a number of roles within a sales and distribution remit including strategic development and client servicing at Blackrock focussing on Hong Kong, Singapore, Korea and South East Asia markets. Working for OMGI, based in its sister company, Old Mutual International’s office, in Singapore, he will be responsible for promoting the OMGI brand and funds to a clearly defined group of institutions.

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He is also responsible for expanding the business’s client pool and further building the strategic and sustainable partnerships with clients in South East Asia. Carol Wong commented on this appointed: “It has long been OMGI’s ambition to expand further in Asia, reaching markets where we are confident we can offer compelling investment ideas and solutions to investors.

Bringing Gerard on board as a regional specialist, into OMGI’s Asia distribution family is another firm ‘step’ in our global footprint journey. Gerard has a very good reputation in the industry. I very much look forward to working with him, capitalising on his impressive career achievements which will blend well with OMGI’s culture and vision.”

Gerard Clancy added: “During my career I have witnessed many regulatory, as well as cultural, changes in the investment world. This evolving investment landscape makes for an exciting time to be a representative of a company that has an ambitious outlook. I am very excited to take this role as it provides an excellent opportunity to implement the business strategies for achieving growth and gaining a competitive advantage in South East Asia, whilst introducing differentiated products and services to our clients across the region.”