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Invesco snares Aviva’s Asia CIO for new insurance role

The US asset manager has hired its first head of Asia insurance coverage, reflecting a trend among its peers. He starts on November 11 to tap this rapidly expanding client segment.
Invesco snares Aviva’s Asia CIO for new insurance role
Invesco has become the latest international fund house to appoint an executive dedicated to Asia's fast-growing insurance sector, in a bid to expand its client base and strengthen its offering in the region. Jaijit Kumar will start on Monday (November 11) in Hong Kong as Invesco's first head of Asia insurance solutions. He was most recently UK insurer Aviva's Asia chief investment officer. Aviva could not immediately confirm whether Kumar would be replaced, as AsianInvestor had …
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