M&G Names New Asia Pacific Head of Risk

London-headquartered M&G Investments makes senior hire in Asia Pacific. M&G Investments (M&G) announced yesterday that Yasotha Balakrishnan (pictured) has been appointed as head of risk, Asia-Pacific. Balakrishnan joins M&G and will be based in Singapore, reporting to Marius Botha, chief risk officer for M&G Investments, the firm said in a statement. Balakrishnan brings more than 15 years of asset management experience in risk management, governance and compliance roles, with a track record spanning new product launches, market expansion and initiatives across complex, multi-jurisdictional environments. She joins from Analog Capital, where she was head of risk and compliance, having previously held a range of risk and compliance roles at Macquarie Group. Balakrishnan's appointment is the latest in a series of senior APAC hires, including those of Luke Chang as general manager and head of intermediary distribution, Taiwan; Cameron Sinclair as head of institutional distribution, Australia; and Ruth Poh as head of compliance, Asia-Pacific. 'Yasotha brings deep experience of risk management across Asia Pacific and has worked closely with investment businesses through periods of growth and transformation,' Marius Botha, chief risk officer, M&G Investments, said. 'Asia-Pacific presents significant opportunities for M&G as we deepen relationships with clients and continue to build our presence across key markets. Yasotha's regional knowledge and significant leadership experience will contribute to our continued growth as we deliver for clients across Asia Pacific,' Amy Cho, head of APAC, M&G Investments, added.