BNY Mellon Asset Management has appointed Alan Harden as CEO of Asia-Pacific.
Harden will report to Curtis Arledge, vice chairman of BNY Mellon and CEO of BNY Mellon’s Investment Management division, which includes the asset management and wealth management businesses.
Harden joins from ING Investment Management Ltd where he was CEO of the Asia-Pacific business, comprising 1,200 staff across 10 countries and $85 billion in assets under management.
“Alan has the skills and experience to lead the expansion of BNY Mellon Asset Management in Asia-Pacific as we continue to grow our retail offerings and institutional business in the region,” Arledge says. “Alan has strong credentials and is widely respected in the region having spent over 20 years in Asia and the Middle East in a variety of leadership positions. He has already demonstrated his ability to manage an Asian investment management business through a range of economic environments, including the recent financial crisis.”
Harden, who is also named a member of BNY Mellon Asset Management’s executive committee, will be based in Hong Kong with responsibility for all distribution, strategic, financial and operating plans and business development across Asia-Pacific for BNY Mellon Asset Management.
Harden will support BNY Mellon Asset Management’s relationship with key clients in the region, including sovereign wealth funds. In addition, he will work closely with BNY Mellon’s chairman of Asia-Pacific, Steve Lackey, in delivering the whole firm and ensuring clients have greater awareness and access to the company’s leading capabilities. Harden will also join the company’s Asia-Pacific Executive Committee, which comprises the heads of each of BNY Mellon’s businesses in the region.
“The Asia-Pacific region continues to exhibit strong growth for investment management companies and is home to some of the most sophisticated investors globally, says Mitchell Harris, president of investment management at BNY Mellon. Alan’s depth of experience will help drive our business forward and sustain our momentum in meeting and exceeding our clients’ investment expectations. Placing a senior member of our Asset Management team in the region is a strong statement of our commitment and desire to deepen our relationships with clients.”
Harden previously served as CEO of Alliance Trust PLC and was head of Citigroup Asset Management’s Asia-Pacific operations.
(CG)