Standard Life announced today that it will set up a new unit in Hong Kong, Singapore and Dubai to oversee and support its Asia and Emerging Markets unit.
The unit will create a more flexible foundation for further growth by streamlining decision-making and being closer to customers in fast-growing emerging markets. It will support all activity in Asia and the Middle East by providing management and shared services.
The company intends to hire about 20-30 people in Hong Kong and about 10 people in Singapore and Dubai and create new roles in business development, product services and development, sales and marketing and operations.
The new hub will be rolled out over the next 12 months.
It will be headed by Alan Armitage, CEO of Asia and Emerging Markets.
