Personnel biggest challenge, says JFAM CEO
Ken Tam, the new chief executive at JF Asset Management, lays out his priorities for 2007.
JF Asset Management, which manages $97 billion in Asia and Japan as part of the $935 billion JPMorgan Asset Management, went through turmoil this summer with the departure of two key executives, CEO Douglas Eu (to Allianz Global Investors) and Desmong Ng (to Invesco). Ken Tam, who has served at the firm for 13 years, was tapped to succeed Eu as CEO. He has spent the past four months focusing on the firmÆs human capital. Now, with his key lieutenants in place, Tam says he is concentrat…
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