Thomson Reuters today announced Chen Huang has been appointed the managing director of Investment & Advisory in China. The expansion of Thomson Reuters leadership team in China underscores the company’s commitment to growing its business by building local market expertise in China and across the Asia Pacific region.
In this new role, Huang will be responsible for driving the China strategy for all of the Investment & Advisory businesses: Investment Management, Wealth Management, Investment Banking and Corporate Services. Huang will work closely with the local team to define and create products that are localised in language, workflow and content for mainland China clients while optimising existing assets.
Huang joins Thomson Reuters from ICBC Credit Suisse Asset Management where he most recently served as executive director and head of strategy and development overseeing the development of six fund products in the China market. He was previously with Industrial & Commercial Bank of China (ICBC) where he held a variety of roles serving as strategic advisor to business units that included corporate and commercial banking, private wealth management and investment banking, culminating in the role of division chief, Investment Banking. Huang holds an MBA from the University of Maryland’s Robert H Smith School of Business, a Doctorate in Economics from the Graduate School of the People’s Bank of China and The CFA Institute’s Chartered Financial Analyst designation.
“China is a core market for Thomson Reuters and I am excited by the potential that China offers our Investment & Advisory business under Chen Huang’s leadership. Chen Huang brings considerable experience in strategy and business development, an entrepreneurial spirit, a track record of results and a deep understanding of the development of financial services in China. The combination of his business expertise and his enduring relationships within the financial services and regulatory communities will be instrumental as we execute on our ambitious growth plans in the country,” said Eric Frank, president, Investment & Advisory, Thomson Reuters.
“Thomson Reuters has grown its presence and reputation in the Chinese financial market by serving professional users with real time financial information and trading solutions. We are delighted to have Chen Huang on board to solidify our strategic position with clients and regulators as one of the leading providers in the Investment & Advisory sector in the country,” said Henry Li, managing director and senior company officer, China, Thomson Reuters.
With US$2.2 billion in annual revenue, Investment & Advisory is Thomson Reuters second largest financial services facing division, providing information, analytics and workflow solutions that enable effective decision-making and drive performance for institutional asset management firms, private banking clients, investment bankers, advisors, private equity and venture capital professionals, sell-side brokers, the wealth management community and corporate professionals.
Thomson Reuters has had a presence in China since 1871 and today has offices and news bureaus in Beijing, Shanghai, Shenzhen and Hong Kong in addition to a Research and Development Center located in Beijing’s Zhongguancun Software Park. The company has more than 1,600 employees in mainland China.