BNY Mellon, the global provider of asset management and securities servicing firm, plans to expand its Asia Pacific regional headquarters in Hong Kong to support its growth in the Asia Pacific region.
Reportedly, the company currently employs approximately 150 people in Hong Kong and plans to recruit 50 people by the end of 2010 to support its asset management, securities servicing, global markets and treasury services businesses.
Chris Sturdy, chairman of Asia Pacific, BNY Mellon, said: “Hong Kong is a strategically important location within our Asia Pacific network with its geographical proximity to China and other North East Asia regions such as Japan and Korea. It is also where a strong pool of financial services talent is located. That makes it an ideal location for us because the recruitment and retention of talent is a key driver of our success.”
