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T Rowe Price appoints head of EMEA distribution business


T Rowe Price has appointed Scott Keller as its new Head of Global Investment Management Services, Europe Middle East and Africa, (GIMS EMEA), the organisation responsible for the institutional and intermediary business in the region, from 1 January 2019. 

Currently Head of Global Investment Management Services, Asia Pacific, Keller joined T Rowe Price from UBS in 2014, where he was Head of Pan Asia accountable for building the institutional and intermediary businesses. His career at UBS spanned 17 years working in Europe and Asia across both the wealth and asset management markets. He will continue to report to Robert Higginbotham and will be based in London.
 
Robert Higginbotham, Head of Global Investment Management Services at T Rowe Price, says: “Scott is eminently qualified for this role. Born and educated in the US, he has lived and worked in Europe for nearly 10 years prior to moving to Asia where he has lived and worked for the last 13 years. Scott joined T Rowe Price in 2014 and has overseen the growth of the Asia Pacific region in the last four years as he has also become an important part of the T Rowe Price Senior Management Team globally. Scott brings the full range of experience, skill and knowledge of how to lead a complex multi-country, multi-channel, multi-product business within T Rowe Price which focuses intently on delivering to the needs of our clients in an increasingly competitive marketplace.  Scott will be taking over leadership of the EMEA business at a positive time for the team in this region.” 
 
Scott Keller says: “I am very much looking forward to joining the team in EMEA, many of whom I know well. Being at the helm during the next phase of growth for the EMEA region is a very exciting prospect.” 
 
Other senior leadership transitions have also been announced:
 
Nick Trueman will succeed Scott Keller as Head of Global Investment Management Services, Asia Pacific. Currently Head of the Asia ex Japan Institutional business and a member of the Asia Pacific Executive Committee, Trueman has 17 years of investment industry experience, 10 of which have been with T Rowe Price. Before relocating to Singapore with T Rowe Price in 2013, he was Head of Consultant Relations for Europe, Middle East and Africa (EMEA) and Chairperson of the EMEA Consultant Relations Committee. Prior to joining the firm in 2007, he worked as a portfolio manager at AXA Rosenberg Investment Management. Trueman started his career in London with Schroders.
 
In his new role, Trueman will report to Higginbotham, Head of Global Investment Management Services, from 1 January 2019.
 
Elsie Chan, currently Head of GIMS Asia ex Japan Intermediaries, will take on a newly created role as Head of GIMS Asia ex Japan, to be responsible for the institutional and intermediary businesses in the region. Elsie will have the support of a high-quality team and will finalise the Asia ex Japan growth plans in the coming months.
 
Higginbotham says: “Our Asia Pacific business is very well-placed to continue its current success in the coming years under the leadership of a Nick Trueman. The appointment of Elsie Chan to the new role of Head of Asia ex Japan replicates the model successfully employed by our businesses in Australia and Japan and is a sign of the growing success of both our intermediary and institutional teams in Asia.  I am very pleased that we have such a strong team within the Asia Pacific business so that Nick and Elsie can take on broader roles within our senior management team.”

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