The remit of his role will expand to include emerging markets.
He has worked at BNP Paribas Investment Partners in Hong Kong since April 2010, heading up operations, technology and finance.
Vengayil has more than 20 years of experience in financial services, investment management, custody, clearing and fund administration.
Before BNP Paribas Investment Partners he was COO and chief financial officer for Asia, Middle East, Africa and Turkey at Fortis Investments. He joined Fortis when the business was acquired by ABN Amro Asset Management in 2008.