28 Jun 2022

SINGAPORE (28 June 2022) - Eastspring Investments (“Eastspring”), the USD 258 billion1 Asian investment management arm of Prudential plc, announced today the appointments of Terence Lim as Chief Risk Officer, and Janelle Yeo as Chief Financial Officer.

Terence will join Eastspring on 29 August 2022, reporting to Seck Wai-Kwong, Chief Executive Officer. He will be a member of the firm’s Executive Management Committee.

Based in Singapore, Terence will oversee compliance, risk, and governance activities across Eastspring. Terence brings more than 20 years of experience. He is most recently Asia Pacific Chief Risk Officer at abrdn, where he provided regional oversight and leadership of the Risk and Compliance function, as well as enterprise risk across its regional businesses.

Additionally, Eastspring confirmed today the appointment of Janelle Yeo as Chief Financial Officer. Janelle has spent more than two decades in financial services and has been with Eastspring since 2008, her last role being Head of Corporate Strategy and M&A. Effectively immediately, she will be responsible for the Finance and Legal functions at Eastspring.

“The appointments of Terence and Janelle further our progress in building a high calibre executive team to advance our business in an exciting stage of Eastspring’s growth. Terence was identified following an extensive search. He comes to Eastspring with a strong background across Asia Pacific markets and broad experience in both risk and compliance. His experience in transformation will be a great asset to Eastspring as we position our firm for future growth. Similarly, Janelle stood out as a candidate for the CFO position, given she has worked closely with Finance and Legal in her previous roles and served as CFO and acting CEO for Eastspring Taiwan’s business in the past. She has been an outstanding leader and I am confident her leadership of these key functions will lead us to further success,” said Seck Wai-Kwong, Chief Executive Officer, Eastspring Investments Group.

Terence Lim, Chief Risk Officer, Eastspring Investments said, “Eastspring has a rich heritage and provides clients with comprehensive solutions to complex, global investment needs. I look forward to working closely with the team to ensure that we continue to meet the highest corporate governance standards and deliver on Eastspring’s purpose as Experts in Asia and invested in the future of our clients, employees, partners and local communities.”

Terence holds a Bachelor of Laws (Hons) from the University of Leicester, and an MBA at Booth School of Business from the University of Chicago. Janelle holds an MBA from INSEAD and a Bachelor of Accountancy (Hons) from Nanyang Technological University in Singapore.

1 AUM as at 31 December 2021.

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