Japan - the asset management arm of Prudential Corporation Asia - has appointed Tsukasa Sekizaki as president and chief executive officer.

Sekizaki begins his Tokyo based role in mid-September and is joining from Deutsche Bank where he was president and chief executive of Deutsche Trust Company Limited and Deutsche Asset & Wealth Management.

His appointment follows the resignation of Koji Wada. He will report to Michele Bang, Eastspring's Hong Kong-based deputy chief executive.

Eastspring Investments chief executive Guy Strapp said Sekizaki will play a key role in driving distribution growth in what was one of Eastspring’s most critical markets.

Eastspring Investments recently reported a 22 per cent increase in funds under management to $115 billion (£69. billion).