Thursday 6 August 2020: The Board of First Sentier Investors today announced the appointment of Susie Rippingall as a Non-Executive Director.
Following its transition in ownership last year, First Sentier Investors operates as a standalone investment manager governed by a Board of Directors. Based in Hong Kong, Ms Rippingall will join two recently appointed Non-Executive Directors, Michelle Tredenick and Richard Wastcoat, bringing the total number of independent directors to three.
First Sentier Investors Chairman, Sunao Yokokawa, said: “We are pleased that Susie Rippingall will be joining as Non-Executive Director of First Sentier Investors Holdings. Her extensive experience as both a Portfolio Manager and independent director make her ideally suited to the role.
“We know she will add significant value to the Board with her strong understanding of corporate governance best practice and unique insight into the Asian investment management sector, which is a core strategic market for us,” he added.
Ms Rippingall currently sits on the boards of several boards in the asset management sector, including Aberdeen New Dawn Investment Trust Limited, NTAsian Discovery Fund and NTAsian Emerging Leaders Fund. She is an Associate Member at UK Society of Investment Professionals.
In her past career Ms. Rippingall occupied the position of Portfolio Manager at The Scottish Oriental Smaller Cos. Trust Plc, Senior Portfolio Manager at First State Investments (Hong Kong) Ltd. and Portfolio Manager at First State Investment Management (UK) Ltd.
The appointment is effective 3 August 2020.
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About First Sentier Investors
First Sentier Investors manages A$215 billion in assets (as at 30 June 2020) on behalf of institutional investors, pension funds, wholesale distributors, investment platforms, financial advisers and their clients worldwide.
Known as First State Investments outside of Australia, the firm operates as a standalone global investment management business with offices across Europe, the Americas, and Asia Pacific. First Sentier Investors’ expertise spans a range of asset classes and specialist investment sectors, and is focused on delivering sustainable investment success based on responsible investment principles.
First Sentier Investors appoints its third Independent Non-Executive Director
Formerly Colonial First State Global Asset Management, the firm was acquired from the Commonwealth Bank of Australia in August 2019 by Mitsubishi UFJ Trust and Banking Corporation, a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc.
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