Mutual fund giant Fidelity International has poached a senior marketing executive from ING Groep NV's (ING.AS: Quote, Profile, Research)(ING.N: Quote, Profile, Research) Asia Pacific fund arm as part of its expansion in the region, a source told Reuters on Thursday.
The international affiliate of the world's largest mutual fund company has hired Carlo Venes to join the firm on Aug. 4 in a newly created role as head of institutional business for non-Japan Asia, said the source, who had direct knowledge of the situation.
Venes, who joined ING in 1994, was most recently the Hong Kong-based regional chief marketing officer for the fund arm of the Dutch financial services group.
The international affiliate of the world's largest mutual fund company has hired Carlo Venes to join the firm on Aug. 4 in a newly created role as head of institutional business for non-Japan Asia, said the source, who had direct knowledge of the situation.
Venes, who joined ING in 1994, was most recently the Hong Kong-based regional chief marketing officer for the fund arm of the Dutch financial services group.
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