Singapore's Clifford Capital Appoints Ex-Schroders CEO Lily Choh

Key Takeaways

Geography: Singapore.

Analysis

Clifford Capital, the Singapore-based infrastructure credit platform, has appointed Lily Choh as CEO of Clifford Capital Asset Management and Group Head of Asset Management, pending regulatory approvals. Her appointment marks a pivotal step in the company’s strategic expansion into asset management, a business line it formally launched in January 2025. Lily is expected to assume her new role in October 2025, and will join the Clifford Capital Group Management Executive Committee.Lily Choh brings nearly 30 years of experience in the asset management industry across Asia, having built a reputation as one of the region’s most seasoned and respected investment professionals. She most recently served as Head of South Asia and CEO of Schroders Singapore, where she was instrumental in leading strategic growth, regulatory engagement, and institutional client relationships across Southeast Asia.

Before joining Schroders, Lily held senior investment and leadership roles at GIC, Singapore’s sovereign wealth fund, where she focused on global equities and multi-asset portfolios. She later worked at Mercer, where she led advisory mandates for large pension and insurance clients in Asia, providing guidance on portfolio strategy, manager selection, and risk management.

Lily’s appointment aligns with Clifford Capital’s ambition to rapidly scale its regulated asset management arm, enhancing its capabilities across infrastructure debt and private credit strategies. Her leadership is expected to deepen synergies between the firm’s origination, structuring, and distribution operations, further anchoring Clifford Capital as a key player in Asia’s sustainable finance ecosystem.

“We are delighted to welcome Lily to the Group and look forward to her leading and developing the business of our regulated asset management entity,” said Sanjiv Misra, Chairman of Clifford Capital and Clifford Capital Asset Management.

Murli Maiya, Group CEO of Clifford Capital, added: “Lily’s background and expertise will be critical to capitalise on the synergies across our infrastructure credit platform and grow our asset management franchise rapidly. I am excited to welcome her to the Clifford Capital executive management team.”

With this hire, Clifford Capital reinforces its commitment to building an integrated platform that bridges infrastructure capital needs and institutional capital deployment, while supporting Asia’s long-term economic and environmental priorities.