Nikko Asset Management Co. Ltd. announced it has promoted James Wesley to the position of Americas CEO and country head as of January 1, 2024, according to a firm press release. Wesley, currently deputy CEO of Nikko’s Americas group, will succeed Lawrence Prager, who will retire at the end of December
Nikko Asset Management, based in Japan, manages $219.2 billion across all of its global subsidiaries and is one of the largest asset managers in Asia, according to the press release.
“We are proud to have James step into this new role, following a seamless transition from Larry,” said Stefanie Drews, president of Nikko Asset Management, in the release. “With his own experience and Larry’s introduction of the idiosyncratic opportunities and mechanics in the U.S., I am confident he can drive the US, Canada and Latin America sleeve of our global growth strategy.”
Wesley, based in New York, has spent 10 years at Nikko Asset Management, first as head of distribution at the firm’s New Zealand operations before being promoted to deputy CEO in April. He also worked at Threadneedle Investments as head of its Australia wholesale operation and as head of Southern sales in the U.K. He earned a bachelor of business degree from Auckland University of Technology.
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Tags: James Wesley, Lawrence Prager, Nikko Asset Management, Stefanie Drews