Who's Moving Where In Wealth Management? – First Sentier Investors

Editorial Staff

7 March 2022

First Sentier Investors
, part of by Mitsubishi UFJ Trust and Banking Corporation, has appointed Yoshiki Ueno as deputy chief executive officer.

Based in New York, Ueno has been with FSI since August 2019 as head of US governance. In his new role, he will move to Sydney, working with chief executive Mark Steinberg to help carry out the firm’s strategy.

Prior to his time at FSI, Ueno spent more than 20 years at Mitsubishi UFJ Trust and Banking Corporation (The Trust Bank) in a variety of roles including corporate finance, strategy planning for asset management and investor services business, and project management office of integration projects.

The deputy CEO role is appointed by The Trust Bank with a typical tenure of two to three years. Ueno will replace Yutaka Kawakami, who will return to Tokyo to assume a new role of managing executive officer, deputy CEO for the asset management and investor services unit.

First Sentier Investors, which manages $182.5 billion in assets (as at 31 December 2021), was formerly called First State Investments before the Japanese parent bought it.