BEAÆs MPF boss moves to new trust venture

Charles Kwun, the former director of Bank of East AsiaÆs Mandatory Provident Fund (MPF) business in Hong Kong, has joined a new trustee provider, Orangefield Trust, as managing director.Orangefield Trust is an incarnation of ING Trust, a global trust company based in Amsterdam that underwent restructuring last year. In July 2007 it was sold to a capital investment group, Foreman Capital, and to management, and renamed. It has offices in Aruba, Curacao, Luxembourg and Mauritius as well…