Azimut Group has announced the appointment of Stefano Chao as Head of Asia and Chief Executive Officer of Azimut Singapore, effective August 2025. Based in Singapore, Chao will oversee Azimut’s operations across its regional offices in Singapore, Shanghai, Hong Kong, and Taipei, reporting directly to Group CEO Giorgio Medda. This move underscores Azimut’s commitment to accelerating its growth in the Asian market.
Chao, who joined Azimut Group in 2011, previously served as General Manager and Legal Representative of Azimut China. His experience includes developing the Private Fund Manager (PFM) and Qualified Domestic Limited Partnership (QDLP) businesses in China. Before joining Azimut, Chao was Vice President at Lehman Brothers in New York. He holds a BA in Economics from Yale University and an MBA from CEIBS.
In his new role, Chao aims to enhance the coordination and integration of Azimut’s operations within Asia and strengthen collaboration with the group’s global network, which spans 20 countries. His priorities include expanding the fund business and developing cross-border solutions for private and institutional clients in the region.
Azimut Group, listed on the Milan Stock Exchange since 2004, manages assets worth over $124 billion (SGD 170 billion) globally, with more than $2.6 billion (SGD 3.6 billion) managed by Azimut Singapore. The group operates with a team of over 2,200 financial advisers and 1,700 employees worldwide, including more than 70 in Singapore. Azimut specialises in asset management, wealth management, investment banking, and fintech, focusing on emerging markets.
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