BNY Mellon has appointed Douglas Hymas as its new country executive for Japan and general manager of its Tokyo branch.
The new role will involve responsibilities as chief strategist, leader and senior representative to all relevant regulators and clients on behalf of BNY Mellon’s local business groups.
He will report to the company’s Asia-Pacific head of Global Client Management, Gregory Roath. Commenting on the new appointment, Roath states, “We are very pleased to have an individual of Doug’s talent, energy and experience leading BNY Mellon’s Japanese business into the future.”
Hymas has worked in Japan since 1991. His previous role was as president and chief executive officer of ING Mutual Funds Investment Company, Japan.
BNY Mellon’s Asia-Pacific Chairman, Steve Lackey, says: “The Japanese market has by far the largest pool of assets under management (AUM) in Asia-Pacific, with analysts indicating AUM could surpass $5 trillion by 2016. This presents tremendous opportunities for our continuing growth as the investments company for the world. Japanese investors are increasingly looking for opportunities to invest globally, increase their domestic equity allocation, optimize their investment pools and navigate the increasingly complex regulatory requirements all of which represents an opportunity for BNY Mellon.”
BNY Mellon Appoints Country Exec For Japan
BNY Mellon has appointed Douglas Hymas as its new country executive for Japan and general manager of its Tokyo branch.
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