Nikko Asset Management has appointed Udo von Werne as its chief executive officer (CEO) for Europe, the Middle East and Africa (EMEA).

He will be responsible for overseeing the firm’s business across the regions and continuing growth its strategy.

Von Werne has more than 25 years of experience in the financial industry, most recently as head of institutional clients for continental Europe at Pictet Asset Management.

Headquartered in Asia, Nikko AM has been expanding across EMEA in recent years, growing its UCITS platform in the process.

According to the business, EMEA represents institutional AUM potential of US$3.9trn - or approximately one-third of total global AUM.

“Europe, the Middle East, and Africa represent not only a substantial asset base, but also a talent pool that Nikko Asset Management aims to leverage worldwide, encompassing investment experience which is key to continuing global growth,” said executive chairman David Semaya.

“Udo brings considerable institutional experience in Europe, and we look forward to serving our clients there, under his leadership.”