Richard was appointed Chief Investment Officer of AIA Bhd. in January 2019. He is responsible for developing AIA’s asset allocation strategies and investment policies as well as ensuring a robust risk management process for assets under management in Malaysia worth RM47 billion. Richard is a member of the Executive Committee of AIA Bhd.
He has close to 30 years of experience in investment management, with his most recent stint being in Great Eastern Life Assurance (Malaysia) Bhd. He was then responsible for the management of all investment portfolios which include equities, fixed income, cash management, corporate loans and private equities amongst others. Being a member of the senior management team, he was also responsible to build and develop new directions that will ensure future sustainability and growth for Great Eastern. Prior to that, he was Chief Executive Officer, Hong Leong Group Asset Management and Hong Leong Group Unit Trust, managing both HLG Asset Management and HLG Unit Trust and initiated the merger of two units (HLG Asset Management and HLG Unit Trust).
While in RHB Asset Management (RHBAM), Richard was the Executive Director/Chief Investment Officer between 2001 and 2003 where he built up RHBAM as the premier asset management company in Malaysia. He was directly managing a team of equity fund managers as well as supervising the fixed income team with the Managing Director.
As a Director of RHB Research Institute (RHBRI) from 1995 to 2001, Richard implemented strategies and managed a team of 8 to 10 Analysts. He spent 13 years in RHBRI, rising from an Analyst to the Director of Research.