Nikko Asset Management Expands Investment Leadership with Appointment of Mark E. Stoeckle as CIO

Nikko Asset Management Co., Ltd. (Nikko AM) has announced the appointment of Mark E. Stoeckle as Executive Corporate Officer, Chief Investment Officer (CIO), and Global Head of Investment, effective 1 April 2025. Stoeckle brings extensive expertise to his new executive role, transitioning from his current position as an Outside Director on the firm’s board, which he joined in April 2024. Upon his appointment, he will step down from the board to focus on leading Nikko AM’s global investment strategies.

Stoeckle brings a vast array of both firmwide and investment senior leadership experience, most recently with Adams Funds in the US, where he served for 10 years as CEO and board member and led the Funds’ Management Committee, before taking a non-executive director role in 2023. He was previously CIO of US Equities and Global Sector Funds at BNP Paribas Investment Partners (currently BNP Paribas Asset Management), and CIO of US Equities at Fortis Investments.

Nikko AM President Stefanie Drews commented, “During his time on the board, we immensely benefited from Mark’s expertise and thoughtfulness. His deep investment management knowledge capital coupled with his leadership experience and the rapport he has already built with all of our senior management and investment management colleagues make him the best choice to support the ongoing refinement of the offering for our clients, and the progress in our Global Growth strategy.”

Stoeckle remarked, “I am excited to join the Nikko AM team. I have been consistently impressed by the deep and varied investment management capability. Furthermore, with North American investors a key focus for the firm’s growth, I hope to leverage my knowledge and relationships to benefit clients, stakeholders and colleagues alike.”

Nikko AM’s current CIO Hiroshi Yoh will resign at the end of March. This enables him to pursue his personal ventures. Yoh expressed his gratitude to senior management and appreciation to investment management colleagues for their efforts to deliver superior performance for investors.

Drews added, “I would like to thank Yoh-san for his diligence and commitment to our investment teams, and wish him well in any future endeavours.”