Bangkok--21 Dec--Master Mind Communications
Grant Bailey, Chief Executive Officer, ING Investment Management Asia Pacific, is pleased to announce the appointment of Jumpon Sailmala to the position of Chief Executive Officer for ING Funds (Thailand) Co., Ltd., which will be effective from January 3, 2011 onwards.
Grant Bailey stated that “the appointment of Jumpon is in accordance with the plan of ING Funds Thailand which aims to expand our investment management business and reinforce our leadership position. With Jumpon’s experience, professional expertise and thorough understanding in our organization, we are confident that he is the right person to take the leadership roles of growth and strength to ING Funds (Thailand).
Jumpon has his Master degree in Business administration from Lincoln University (USA) and Bachelor degree in Economics from Thammasat University. He also spent most of his 20 years career working in financial and investment management industry. Besides, Jumpon used to work with us for 9 years and his last position here was Senior Executive Vice President, Head of Mutual Fund and Investment Consulting Department before he moved to join TMB Bank PCL as an Executive Vice President, Head of Wealth Management Group.
Grant Bailey added, “I am confident that Jumpon’s return to ING Funds Thailand as a Chief Executive Officer will certainly bring significant growth and success to our business.”
ING Funds Thailand won two provident fund mandates valued around THB 7,300 million from two giant state enterprises
Grant Bailey added, “Today we are pleased that we has been awarded two provident funds mandates from Electricity Generating Authority of Thailand Registered Provident Fund (EGAT) and The Registered Provident Fund of Provincial Electricity Authority (PEA). EGAT is one of our current prestigious customers, we has been the fund manager for their provident funds for six years since January 1, 2005. And following our strong performance, we have been selected to manage the equity portfolio of EGAT Provident Fund for three years.“
Around a week after winning EGAT’s mandate, ING Funds Thailand was informed by PEA that the business has been awarded the mandate to be the fund manager for the equity portfolio of PEA Provident Fund for three years.
Introducing the “ING Investor Choice Registered Provident Fund”
ING Funds (Thailand) Co., Ltd. aims to promote the comprehensive provident fund service to be a leader in the industries. The company’s mission is to broaden employees’ customized investment choices/options and to encourage and provide savings for employees’ retirement.
We project to moving in institutional investor base in a near future. Finally, the ‘ING Investor Choice Registered Provident Fund’ has been introduced to serve clients tailored investment solutions, a variety of choices of investment and a user-friendly client database management service. To this end, the company seeks to maximize both employer and member benefits and deliver exceptional performance to our clients.
Contact:
Miss Pornpun Paiboonwattanachai
Senior Vice President, Sales and Distribution Dept
ING Funds (Thailand), Co., Ltd.
T- 0-2688-7785 F- 0-2688-7707
E-
[email protected]