Azimut Group has named Stefano Chao its new Asia head and CEO of Azimut Singapore. Based in Singapore, Stefano Chao (pictured) will oversee the company?s operations across its regional offices in Singapore, Shanghai, Hong Kong, and Taipei, effective August 2025. Chao will report to Group CEO Giorgio Medda.
In his new role, Chao will focus on strengthening the coordination and integration of Azimut?s Asia operations while fostering collaboration with the group?s teams in 16 other countries. His priorities include expanding the fund business and developing cross-border solutions for private and institutional clients in the region. Chao joined Azimut Group in 2011, serving as general manager and legal representative of Azimut China, where he led the development of the private fund manager (PFM) and qualified domestic limited partnership (QDLP) businesses.
Prior to Azimut, he was in the fixed income special opportunities group at Lehman Brothers in New York. Its subsidiary, Azimut Investment Management Singapore, is an external asset manager (EAM) established in 2013, led by CEO and CIO Andrea Ciaccio. Ciaccio reports to Chao.
Azimut Holding S.p.A. is an independent and global group specializing in asset management across public and private markets, wealth management, investment banking, and fintech, serving private and corporate clients.
Listed on the Milan Stock Exchange, the Group is a leading player in Italy and operates in 20 countries worldwide, with a focus on emerging markets. The shareholder structure includes approximately 2,000 managers, employees, and financial advisors bound by a shareholders' agreement that controls around 21% of the company, while the remaining shares are in free float.
Azimut Holding S.p.A. comprises a network of companies active in the management, distribution, and promotion of financial and insurance products, with registered offices in Italy, Australia, Brazil, Chile, China and Hong Kong, Egypt, Ireland, Luxembourg, Morocco, Mexico, Monaco, Portugal, Saudi Arabia, Singapore, Switzerland, Taiwan, Turkey, the United Arab Emirates and the United States.
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