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LGIM hires new head of Asian equities

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Legal & General Investment Management (LGIM), a wholly-owned subsidiary of Legal & General plc, has appointed Suresh Sadasivan as the new Head of Asian Equities, replacing David Riddle, who is retiring at the end of May after 14 years in the role.

Suresh has over 12 years experience in the industry and has had significant exposure to managing a number of top performing funds. He was formerly the Head of Emerging Markets Equities at Old Mutual Asset Management based in Singapore. Suresh will be based in London and will report to Ian King, Head of International Equities at LGIM.

"We are delighted to welcome an investor of Suresh’s calibre to LGIM, bringing as he does a wealth of successful fund management experience across a range of markets," says King.

Suresh adds: "I am very pleased to take on this exciting opportunity at one of the leading UK investment management companies."

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