Brown Brothers Harriman is relocating Andrew J. F. Tucker, one of its senior Partners, to Hong Kong where he will assume responsibility for Asia Pacific. Tucker will retain his existing responsibility for the firms Markets business.
As Head of Asia Pacific, Tucker will be in charge of developing and executing the firms regional strategy and synchronizing key investments with business opportunities for all of BBHs businesses.
BBH employs over 100 individuals across its Tokyo, Hong Kong and Beijing locations and services more than $410 billion in assets for its Asian clients. BBH serves institutions in Japan, China, Hong Kong, Singapore, Korea, Taiwan and Australia as an investment, wealth and private equity manager, as well as a provider of global custody, administration and related services.
BBH opened a Beijing Representative Office in 2009.
It is a great time for BBH to increase our senior management presence in Asia as we capitalize on the reputation we have established over many years, said Douglas A. Donahue, Managing Partner of Brown Brothers Harriman. With Andrews leadership experience in banking, trading, and investor services and markets on a global basis, and his 31 years with the firm, he is the perfect choice to lead our effort in this important region.
The move mirrors the desire of major financial institutions to be seen placing high-ranking personnel on the ground in Asia. In February 2010, HSBC Group CEO Office will be permanently based in Hong Kong. George Soros is reportedly opening an office in Hong Kong. Credit Suisse has also appointed Neil Harvey Managing Director and Head of Asia Pacific and Head of Emerging Markets globally for Asset Management, effective February 1, 2010.