Edith Ngan, Hong Kong CEO at Invesco, is taking over the chairman's role of a sub-committee on pensions under the Hong Kong Investment Funds Association HKIFA from Douglas Naismith. She had already served as vice-chairman. Naismith steered the committee for the past two years and is resigning to concentrate fully on his ongoing role as senior director of institutional business at Fidelity Investments.
Tony Archer, CEO of AXA Rosenberg, will join as Ngan's vice-chairman.
The committee played a key role in the late 1990s supporting the government's establishment of the Mandatory Provident Fund scheme. Since the MPF's launch in 2000, it has provided the industry's voice in negotiating changes to...