Matthews Asia has announced the appointment of Yu-Ming Wang to the newly created role of president and global chief investment officer, based in San Francisco.
Wang joins from Nikko Asset Management, where he served as deputy president and global CIO, and brings with him 34 years of industry experience. He will be a member of the firm's executive committee and provide "leadership and oversight" for the investment team.
Current chief investment officer and portfolio manager Robert Horrocks will continue in his roles with no change to his day to day responsibilities.
Will Hackett, chief executive officer of Matthews Asia, said: "We are excited to appoint someone of Yu-Ming's considerable experience to our senior leadership team. As an accomplished senior executive, his corporate leadership and experience working in Asia brings significant value to the firm and our clients.
"His appointment is consistent with our thoughtful and disciplined approach to a long-term strategic planning of the firm and Yu-Ming will further enhance our senior leadership team as we continue to broaden our business and client base globally."
Wang added: "I am delighted to take up this new role and join a firm that has built a strong reputation as a successful Asia specialist over the past 29 years and is highly respected within the industry.
"I look forward to working closely with Robert Horrocks and the entire investment team to ensure it continues to deliver high quality investment research, compelling long-term investment performance and investment solutions that meet the needs of our growing client base."
Horrocks said: "I look forward to partnering with Yu-Ming on developing the long-term strategic plan for the investment team so that we remain positioned for future growth, while continuing to focus on generating excess returns for our clients."