Legg Mason, Inc. Announces Management Changes, Effective on February 1, 2017
January 01, 2017 at 03:30 am IST
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Legg Mason Inc. announced that Tianqiao Chen and Robert Chiu have been elected as directors of company effective February 1, 2017. Mr. Chen, Chairman and CEO of Shanda Group and a well-known technology entrepreneur in Asia, also was appointed effective February 1, 2017 as vice chairman of the board of directors and as a member of the nominating & corporate governance committee. Mr. Chiu is president of Shanda Group and an executive with 25 years of international financial and technology experience. As vice chairman, Mr. Chen will be focused on helping Legg Mason develop its technology innovation strategy, as well as business development and brand building in Asia, particularly in China. Robert Chiu joined Shanda Group in 2012 as the Group President with overall managerial responsibilities of all business units. In addition, Mr. Chiu is deeply involved in the Group's philanthropic effort. Prior to Shanda, Mr. Chiu served as Managing Director and Head of Asia Pacific Technology, Media and Telecom Investment Banking at Bank of America Merrill Lynch.
Legg Mason, Inc. (Legg Mason) is United States-based company. The Company helps investors globally achieve financial outcomes by expanding choice across investment strategies, vehicles, and investor access through independent investment managers with diverse in equity, fixed income, alternative and liquidity investments. Legg Masonâs investment affiliates operate with investment independence, asset classes and markets around the globe. Its affiliates includes, Brandywine Global, Clarion Partners, ClearBridge Investments, Martin Currie, QS Investors, Royce Investment Partners, and Western Asset.