Welcome!

News Feed Item

Western Asset Management Announces The Promotion Of Chia-Liang Lian To Co-Head Of Emerging Markets Debt

Promotion further integrates global emerging market investment effort and creates long term succession plan

PASADENA, Calif., March 11, 2014 /PRNewswire/ -- Western Asset Management Company, a wholly-owned subsidiary of Legg Mason, Inc., today announced the promotion of Chia-Liang (CL) Lian to Co-Head of the Emerging Markets Debt Team, reporting to S. Kenneth Leech, Co-Chief Investment Officer of Western Asset. The appointment is effective in April of 2014. Building upon Mr. Lian's successful effort in expanding the Asia ex-Japan investment team, the appointment will create a two-year succession plan for the emerging markets debt investment effort.  Mr. Lian will serve as Co-Head alongside Keith Gardner, who intends to retire in April of 2016, after nearly 22 years with Western Asset.   

The promotion of Mr. Lian reflects the importance that Asian markets play in global emerging markets debt indices, which Western Asset expects to continue to grow as global markets evolve. He will balance his time between the Pasadena, CA headquarters of Western Asset and its Singapore office until 2015, at which point, he will permanently move to the headquarters. Western Asset also promoted Desmond Soon, one of the Singapore investment team members, to Co-Head of Investment Management, Asia, also effective April 2014. 

S. Kenneth Leech, Co-Chief Investment Officer at Western Asset, said "Our emerging market team model promotes close teamwork among the on the ground investment teams around the world, backed by the resources of a global firm. We believe that appointing CL to lead our future efforts will only serve to better integrate our efforts, particularly with the growing importance of the Asian region. And, we're very pleased to have a long transition with Keith Gardner, a longtime member of our team, over the next two years."

Background of Chia-Liang Lian 

Mr. Lian has 21 years of investment experience, having worked in the emerging markets business for his entire career. He joined Western Asset in 2011 and under his leadership, the Firm received Benchmark Magazine's Best-In-Class House Award in Asia Fixed Income in 2012. Prior to joining Western Asset, he spent approximately six years with Pacific Investment Management Company (PIMCO), where he served as Head of Emerging Asia Portfolio Management.  During his time at PIMCO, he pioneered the establishment of PIMCO's trading desk in Singapore, led the launch of Asian bond funds and held a senior role in trading, portfolio management and research. Previously, he spent eight years at JP Morgan and Merrill Lynch as a sovereign debt strategist. From 1993 to 1997, he was a Senior Economist at the Monetary Authority of Singapore. He is a Chartered Financial Analyst and has a Bachelor of Social Sciences from the National University of Singapore. 

Background of Desmond Soon

Mr. Soon has 25 years of experience in the financial services industry. He joined Western Asset in 2012 after approximately 16 years with various asset management firms. He joined Western from ST Asset Management, where as a portfolio manager, he implemented an investment strategy for an Asian credit portfolio to buy into undervalued Asia Pacific bank capital and China real estate bonds. He was previously at AMP Capital Partners and DBS Asset Management. Prior to that, he was at Pacific Asset Management for approximately 12 years. He began his career as a sell side analyst. He is a Chartered Financial Analyst and has a Bachelor of Social Sciences and a Master of Science in Financial Engineering from the National University of Singapore.

About Western Asset

Western Asset is one of the world's leading fixed-income managers with $451.6 in assets under management as of December 31, 2013.  From offices in Pasadena, New York, Sao Paulo, London, Dubai, Singapore, Hong Kong, Tokyo and Melbourne, the company provides investment services for a wide variety of global clients, across an equally wide variety of mandates.

SOURCE Western Asset Management Company

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
ChatOps is an emerging topic that has led to the wide availability of integrations between group chat and various other tools/platforms. Currently, HipChat is an extremely powerful collaboration platform due to the various ChatOps integrations that are available. However, DevOps automation can involve orchestration and complex workflows. In his session at @DevOpsSummit at 20th Cloud Expo, Himanshu Chhetri, CTO at Addteq, will cover practical examples and use cases such as self-provisioning infra...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory? In her Day 2 Keynote at @DevOpsSummit at 21st Cloud Expo, Aruna Ravichandran, VP, DevOps Solutions Marketing, CA Technologies, was jo...
Blockchain. A day doesn’t seem to go by without seeing articles and discussions about the technology. According to PwC executive Seamus Cushley, approximately $1.4B has been invested in blockchain just last year. In Gartner’s recent hype cycle for emerging technologies, blockchain is approaching the peak. It is considered by Gartner as one of the ‘Key platform-enabling technologies to track.’ While there is a lot of ‘hype vs reality’ discussions going on, there is no arguing that blockchain is b...
As Marc Andreessen says software is eating the world. Everything is rapidly moving toward being software-defined – from our phones and cars through our washing machines to the datacenter. However, there are larger challenges when implementing software defined on a larger scale - when building software defined infrastructure. In his session at 16th Cloud Expo, Boyan Ivanov, CEO of StorPool, provided some practical insights on what, how and why when implementing "software-defined" in the datacent...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st Cloud Expo, Greg Tevis, an IBM Storage Software Technical Strategist and Customer Solution Architec...
The need for greater agility and scalability necessitated the digital transformation in the form of following equation: monolithic to microservices to serverless architecture (FaaS). To keep up with the cut-throat competition, the organisations need to update their technology stack to make software development their differentiating factor. Thus microservices architecture emerged as a potential method to provide development teams with greater flexibility and other advantages, such as the abili...
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.
The use of containers by developers -- and now increasingly IT operators -- has grown from infatuation to deep and abiding love. But as with any long-term affair, the honeymoon soon leads to needing to live well together ... and maybe even getting some relationship help along the way. And so it goes with container orchestration and automation solutions, which are rapidly emerging as the means to maintain the bliss between rapid container adoption and broad container use among multiple cloud host...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, discussed the b...
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, discussed the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world. Greg Dumas is Calligo's Vice President and G.M. of US operations. Calligo is an established service provider that provides an innovative platform for trusted cloud solutions. Calligo’s customers are typically most concerned about GDPR compliance, application p...
Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...