In this newly created position, he will focus on delivering the whole firm and ensuring Chinese clients have better awareness and access to the company’s capabilities across its investor servicing and investment management solutions.

Sun will report to Eleni Wang, head of global client management for Asia-Pacific. Based in Beijing, joined BNY Mellon in 1998 and became a relationship manager in the corporate banking division in New York in 1999, followed by China country desk officer in the Asia-Pacific division.

In 2003, he was appointed as deputy representative of BNY Mellon’s Beijing representative office (now a branch) and relocated to China.

In addition, Caleb Shih, a 17-year veteran of BNY Mellon and currently in the depositary receipts department of the Shanghai branch, will be joining global client management as a client executive, also reporting to Wang.

Shih will be relocating from Shanghai to Beijing. In this role, he will manage client relationships and be responsible for overseeing the branch and BNY Mellon’s relationships with local regulators in Beijing.

Shih has been nominated by the company to be the general manager of the Beijing branch, subject to regulatory approval.

BNY Mellon chairman of Asia-Pacific Steve Lackey said that building a strong business here is intrinsic to the firm’s future growth and there are many areas where further collaboration between BNY Mellon and Chinese financial institutions can bring great mutual benefit.

"We are very focused on leveraging our world class foreign exchange and payments franchise to become a leader in the RMB space, and we are investing heavily to provide our clients with a full suite of RMB capabilities," Lackey said.