DWS has appointed Clarence Ng as Chief Financial Officer (CFO) for the Alternatives Asia Pacific business, and Chief Operating Officer (COO) for DWS China.
In these newly created positions, Ng will be responsible for managing the implementation of all financial and governance aspects of the Alternatives business across the APAC region, in addition to managing all operational aspects of DWS Shanghai. Based in Shanghai, Ng will report to Leon Williams, Chief Operating Officer Alternatives, Asia Pacific.
Ng joins DWS with 16 years of experience. His most recent position held was Global Markets Finance Director for Deutsche Bank (China) Company Limited, where he was responsible for legal entity financials. During this time, he has worked on various key initiatives such as the China Basel Implementation. Prior to joining Deutsche Bank in 2010, he was Head of Finance for Bangkok Bank (China) Company Limited, and Audit Manager at PwC Beijing.
Ng is a Chartered Accountant of Singapore and a member of the Institute of Singapore Chartered Accountants, and holds an Honours degree in Accountancy from Nanyang Technological University, Singapore.
Victoria Sharpe, Head of Alternatives, Asia Pacific at DWS, says: “Serving as an integral member of the senior management team, the skills and experience that Clarence brings to the platform will play a critical role in shaping the strategy and future growth of our Alternatives business in APAC.”