Investment bank Brown Brothers Harriman (BBH) has hired Scott McLaren as head of relationship management and sales for Asia. In his new position, McLaren reports to Bill Rosensweig, managing director for BBH in Hong Kong.
McLaren joins BBH from RBC Dexia Investor Services, where he spent 13 years in the firm's Luxembourg, Singapore and Hong Kong offices. During his time with RBC Dexia in Asia, McLaren held various senior positions including head of sales and distribution for Asia Pacific, managing director of trust services in Hong Kong, responsible officer of the Hong Kong branch and deputy managing director of Singapore.
BBH has offices in Beijing, Hong Kong and Tokyo. Over the past two years the firm has made a number of local hires to increase its presence in the region, including two senior hires in March 2011. Senior securities lending professionals and the head of BBH's Infomediary business development have been relocated to the region; the firm also recently announced the opening of its new FX sales desk in Hong Kong.
“BBH's strategy is to facilitate investment by Asian financial institutions into global markets and by global investors into Asian markets,” said Rosensweig. “Scott has a wealth of experience in working with our target client segments and will be a strategic senior resource for our clients.”
BBH's Investor Services business provides cross border custody, accounting, administration, and execution services in close to 100 markets for asset managers and financial institutions, with approximately US$3.1 trillion in assets under custody and administration.