NewJP Morgan fund veteran throws out old thinking for new job at Invesco

For a chief executive, changing jobs is fraught with challenges. Fitting into a new company culture and a new team are not the easiest things in the world. Fund veteran Terry Pan San-kong, however, says all one needs to do is keep an open mind.

The 45-year-old chief executive of Invesco’s business in Greater China, Singapore and South Korea, joined the firm in February. He was previously managing director and head of JP Morgan Asset Management, Hong Kong, where he worked from 1994 to 2000, before rejoining in 2003.

Pan, whose family is in the export business, fell in love with the financial world at a young age. When others of his age were watching cartoons, he would memorise exchange rates on TV. He studied finance in university and earned a bachelor’s degree in finance and real estate from Southern Methodist University and an MBA from Royal Holloway, University of London.

Pan joined Jardine Fleming, now part of JP Morgan, in 1994 and started out handling client complaints before moving to other departments, including client advisory, investment communications and marketing. He left JP Morgan in 2000 to join online trading portal 2cube Securities, but returned to the fund house in 2003 and stayed there until joining Invesco.

Despite the challenges of fitting into a new work culture, Pan says working with a completely new team is always a good idea.%,%

!Why did you decide to move from JP Morgan to Invesco?

!I had been with JP Morgan for a good part of 21 years, except for a few years in between. I thought it was time to try something new. The new role in Invesco fits me well as I can use my 20 years of experience in the fund industry while at the same time handle wider markets around Asia … Hong Kong, Taiwan, Singapore and South Korea, and our offshore business on the mainland.