ING Investment Management (ING IM) has announced two senior appointments to its emerging market equity team.

Ashish Goyal has been appointed head of the emerging market equity (EME) team and Robert Holmes joins as senior portfolio manager, emerging market equities.

Goyal joins as of October 1 and will be tasked with expanding ING IM’s EME capacity and capabilities. He will be based in Singapore and report to Eric Siegloff, deputy chief investment officer.

“Goyal brings a wealth of experience in EME to the company. In the course of his career, he has been instrumental in building and managing teams with a cultural emphasis on disciplined investment process, risk management and innovation,” said Siegloff.

Goyal joins ING IM from Eastspring Investments (formerly Prudential Asset Management). Over the past 20 years he has held positions including investment director Asia equity and chief investment officer Asia and GEM equities.

Holmes will join ING IM in early September and report to Goyal. Over the past 10 years, he worked as a specialist fund manager in Emea and before that held various positions, including management roles, covering institutional sales and proprietary trading on the equity brokerage side.

He joins ING IM from Griffin Capital Management, where he worked as a fund manager for the past seven years. Based in London, he will take responsibility for ING IM’s Emerging Europe strategies.