BNY Mellon has appointed Alex Johnstone as country executive and head of the company’s representative office in South Africa, based in Johannesburg, with oversight responsibilities for South Africa and other key sub-Saharan markets.
Johnstone will continue in his existing role within ConvergEx Group’s Global Transition Management business. In that capacity he is responsible for business development, product management and transition management service delivery to clients in South Africa and the rest of Sub-Saharan Africa.
“Alex has been working closely on the ground in South Africa with fund managers, pension funds and regional central banks and is well known to all our key institutional investors, says Hani Kablawi, chairman of Middle East & Africa and head of global client management for EMEA. He is ideally placed to build upon those strong relationships to the benefit of all our lines of business that are active across the region.”
Prior to his relocation to South Africa in 2009, Johnstone oversaw the launch in 2003 of ConvergEx’s international transition management business in London. Johnstone joined The Bank of New York in 2002 and has more than 18 years experience in the financial services industry.
Johnstone replaces Karen Henwood, who has taken up a consultancy role focusing on banks in South Africa and other sub-Saharan markets within BNY Mellon’s Treasury Services business.
BNY Mellon’s South African representative office opened in Johannesburg in 2003.