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Tuesday, May 17, 2011

Matthews Creates a CFO Post

Reported by Armie Margaret Lee

Matthews International Capital Management [see profile], the San Francisco-based mutual fund firm that specializes in investments in the Asian region, has named its first ever chief financial officer. Matthews hired David Hartley, previously chief accounting officer at Invesco for the post. Hartley started at Matthews on May 9 and reports to CEO Bill Hackett.

"As Matthews seeks to expand its global footprint, I am confident that David's broad financial experience and global expertise will serve the firm well," Hackett said in a press release on Tuesday.

Rod Ellis took on Hartley's former duties at Invesco, said company spokesman Bill Hensel.

Hartley started his career with Big Four firm KPMG in 1982. In 1991, he joined Invesco, where his roles included serving as chief financial officer of the institutional and global divisions.
Company Press Release

MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT APPOINTS NEW CFO

San Francisco, CA, May 17, 2011—Matthews International Capital Management, LLC, the largest dedicated Asia investment specialist in the United States, announced the appointment of David A. Hartley as the firm's Chief Financial Officer.

Hartley has more than 25 years of combined financial, operational and business experience. Prior to joining Matthews in 2011, he served as Chief Accounting Officer at Invesco Ltd., responsible for corporate accounting and financial reporting to the firm's Senior Managing Directors and Board of Directors, and all public reporting. Hartley had previously been Chief Financial Officer of Invesco's Institutional and Global divisions and served in a variety of roles at Invesco after joining the firm in 1991.

In this newly established position, Hartley will be responsible for managing all of Matthews' financial functions. "We are extremely pleased to welcome David to our management team. As Matthews seeks to expand its global footprint, I am confident that David's broad financial experience and global expertise will serve the firm well," said William Hackett, Matthews’ Chief Executive Officer.

"Matthews has been a leader in investing in Asia and is extremely well-positioned for growth," Hartley said. "I look forward to working with the Matthews team to help the company execute its strategy and meet its short- and long-term goals."

Hartley began his career with KPMG in London in 1982 and five years later joined the firm’s Atlanta office, where he worked as a Senior Manager in the international auditing practice. He received a B.S. in Economics and Accounting from the University of Bristol in the United Kingdom and is a Chartered Accountant.

About Matthews

Matthews is an independent, privately owned investment management firm and the largest dedicated Asia investment specialist in the United States. Founded in 1991, Matthews believes in the long-term growth of Asia and has focused its efforts and expertise within the region, investing through a variety of market environments. Its investment offerings provide a broad range of choices for building a global portfolio that includes exposure to one of the world’s fastest-growing regions. With $18.8 billion in assets under management as of April 30, 2011, Matthews employs a bottom-up, fundamental investment philosophy, with a focus on long-term investment performance. For more information about Matthews, please visit micm-llc.com.
 

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