New York-based BNY Mellon has appointed a new chairman of its Asia Pacific region. The current chairman will take on the vice chairmanship of the company’s Pennsylvania market region.
David Cruikshank will take over as chairman of its Asia Pacific region and will be based in Hong Kong. Cruikshank succeeds Stephen Lackey, who has been Asia-Pacific chairman since 2011 and will take on the vice chairmanship of the company’s Pennsylvania region in addition to a new strategic client management role within the Global Client Management group.
Cruikshank will chair the Asia Pacific Executive Committee and lead the regional management team in executing the company’s business strategy for the Asia-Pacific region. He will report to Karen Peetz, President of BNY Mellon, the firm said in a statement.
Asia The Key Engine of Growth
Cruikshank joined BNY Mellon in 2003 and leads the Corporates and Public Finance Market Segment team within Global Client Management, one of the four key segments served by the company. Prior to this role, he served as Chief Executive Officer of Treasury Services at BNY Mellon, and previously spent time at Citibank and ABN Amro Bank.
«Asia is a key engine of growth for BNY Mellon. Our priority is to capitalize on our significant investment in technology and innovation to provide relevant insights,» said Gerald L. Hassell, Chairman and Chief Executive Officer of BNY Mellon.
