Mr. Yeung, 46, is replacing James Barringer, formerly regional director, Asia Pacific. Mr. Barringer is now responsible for sales and business development at Dow Jones Indexes in the U.S.
Mr. Yeung will be responsible for licensing, business development and relationship management for financial institutions in Greater China, Japan, Korea, Singapore, Australia and other Asian markets. Mr. Yeung is based in Hong Kong and will offer globally integrated index solutions consisting of the entire family of Dow Jones Indexes¾including the European Dow Jones STOXX Indexes, a joint venture among Deutsche Boerse, Dow Jones and SWX Swiss Exchange.
Mr. Yeung has more than 10 years of experience in Asian financial and banking industries. He previously held positions as vice president of Investor and Derivatives marketing at HKEx. He is fluent in Mandarin and Cantonese, and holds a bachelor's degree in engineering from University of Waterloo in Canada and a master's in business administration from The Chinese University of Hong Kong.
"The countries in the Asia Pacific region are quite diverse. Each investment professional has individual needs¾needs that can be met with the Dow Jones and Dow Jones STOXX range of indexes across a wide range of asset classes," Mr. Yeung said. "I welcome the opportunity to build new business relationships in the Asia-Pacific region for firms that are acknowledged leaders and innovators in the index industry."
"Mr. Yeung brings to Dow Jones Indexes strong existing relationships with Asian institutions and dealers," said Lars Hamich, executive director, global business development of Dow Jones Indexes. "His outstanding expertise in the Asian market and his excellent business background will help to enhance the visibility of our index family."