She brings a wealth of financial services and consulting experience to the company, including 12 years at State Street, where she held numerous leadership roles in the U.S., China and Hong Kong.
Fangfang Chen will join the global investment management firm as Asia Pacific chair and Asia Pacific head of asset servicing and digital on January 4, responsible for overseeing the execution of the firm's strategic growth agenda in the region, BNY Mellon said in an announcement on Wednesday.
Chen will be based in Hong Kong and report to Hani Kablawi, chairman of international, BNY Mellon and James Slater, head of asset servicing client coverage and front office solutions.
She joins from fintech startup Algorand Foundation, where she was chief operating officer. She was previously State Street's Asia Pacific chief operating officer, overseeing operations across multiple businesses in the region.
Important Region
«Asia Pacific is an important growth driver for BNY Mellon. We continue to deepen our presence in the region and are optimistic of our growth prospects,» Kablawi, said in the announcement.
Fangfang succeeds David Cruikshank, who announced his retirement from the company as Asia Pacific chairman earlier this year. Rohan Singh, who has served as Asia Pacific head of asset servicing since 2017, moves to a new global role as head of asset owners.
