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Eurizon chooses new head of Asia business development

Richard Mo joined Eurizon Capital Asia in Hong Kong as head of business development and marketing.

Mr. Mo replaces Dickson Man, who left to pursue other opportunities, said Sean Debow, CEO and CIO, in an interview.

Mr. Mo said in the same interview that he’ll be working to enlarge Eurizon’s presence in the region, starting in Hong Kong and looking to push into greater China, Singapore and beyond.

For China, where Eurizon’s parent company — Milan-based Intesa Sanpaolo Group — owns a 49% stake in Shenzhen-based Penghua Fund Management, Mr. Debow said some clients on the mainland “interested in our ability to manage their funds offshore” are keen to work with Penghua for exposure to onshore equities and fixed income.

Mr. Mo was head of business development for China and Taiwan at Jupiter Asset Management in Hong Kong. A London-based Jupiter spokesman said Mr. Mo’s responsibilities have been assumed by other members of the firm’s business development team in Asia.