The U.S. fund management house said it has hired a Hong Kong banker for a greater China role. The move fills a vacancy following a rival's raid last year.
New York-based BNY Mellon said it hired Phoebe Ao Ieong to sell to sell its funds to private banks and other institutions in greater China. Ieong replaces Chris Tse, who was successfully wooed to Nasdaq last fall after just ten months in the job. Tse now runs the U.S. stock exchange's indexing business in Asia.
Ieong, who joins from Hong Kong-based fixed income boutique Income Partners, will be tasked with reinforcing the U.S. firm's ties in greater China, and to sell products including equity, private debt and private equity. Before Income Partners, she worked for J.P. Morgan in Sydney and Hong Kong.
She will report to Nicolas Kopitsis, who spearheads distribution to intermediaries such as private banks in Asia. «Phoebe will play a key role in growing our third party business in China and Hong Kong,» Kopitsis said.
