Hong Leong Asset Management Bhd (Hong Leong AM) has announced the appointment of Chue Kwok Yan as its new Chief Executive Officer, effective September 11, 2024. This appointment follows the receipt of approval from the Securities Commission Malaysia.

Chue brings a robust background in investment banking and research to the role, with over 24 years of experience in the financial industry. Prior to joining Hong Leong AM, he served as the Chief Executive Officer and Chief Investment Officer at KAF Investment Funds Berhad. He has also held significant positions as the Head of Research at Affin Hwang Capital and has been an integral part of research teams at KAF Seagroatt & Campbell Securities Sdn Bhd, CLSA Securities Malaysia Sdn Bhd, and ABN Amro Research Malaysia.

Chue's educational credentials include a Bachelor of Engineering in Electrical & Electronics Engineering from Imperial College of Science, Technology and Medicine in London. He also holds a Capital Market Services Representative's License.

Lee Jim Leng, Non-Independent, Non-Executive Chairman of Hong Leong AM, expressed enthusiasm about Chue's appointment. "We are delighted to welcome Chue to lead our asset management division. His extensive experience, particularly in investment research and leadership, is expected to drive significant progress and success for our business.

We are confident that Chue's expertise and deep understanding of the Malaysian capital markets will play a crucial role in Hong Leong AM's future growth."

Chue's appointment is expected to bring renewed momentum to Hong Leong AM, positioning the company for further achievements in the competitive asset management sector.