Vanda Securities promotes Liu to CEO

Vanda Securities Pte. Lte., the Singapore-based macro research consultancy and parent company of Vanda Research Limited (UK) and Vanda Research Corp (US), has appointed Eric Liu as group CEO. Eric was previously the firm’s Head of Research, a role that he will continue to hold. He is a longstanding partner at Vanda and previously worked at Wellington Management, Morgan Stanley and Balyasny Asset Management. Jason Ambrose, who previously held the role of group CEO, will transition to the newly created role of Chairman. In this capacity, he will assist in guiding Vanda’s long-term strategy and sit on the firm’s board of directors.