Cho, who was most recently at Schroders where she was CEO of Hong Kong and deputy head of Asia Pacific, will join the investment manager on Nov. 1. She will succeed Loretta Ng, who has decided to leave M&G in pursuit of personal aspirations.

Cho will be responsible for accelerating M&G's distribution ambitions in Asia Pacific enabling the firm to better serve existing and prospective clients, M&G said in a statement.

M&G is part of UK-based M&G plc, a savings and investment business which was formed in 2017 via the merger of Prudential's UK and Europe savings and insurance operation and M&G.

(Reporting by Yantoultra Ngui; Editing by Mrigank Dhaniwala)