BNY Mellon names Suri head of APAC intermediary distribution
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BNY Mellon names Suri head of APAC intermediary distribution 15 October 2012London and New York Reporter: Jenna Jones
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BNY Mellon has appointed Navin Suri as Asia-Pacific (APAC) head of intermediary distribution.
The newly created position highlights BNY Mellon’s expansion of distribution partnerships in the region.
Based in Hong Kong, Suri will report to Alan Harden, CEO for BNY Mellon’s APAC investment management business, and London based, PeterPaul Pardi, BNY Mellon’s head of global distribution.
Suri will be responsible for developing and managing the APAC intermediary sales strategy and distribution channel network and relationships. In addition Suri will focus on building new partnerships with consumer banks, private banks, securities companies and other financial intermediaries.
Suri joins BNY Mellon from ING Investment Management where he was managing director and CEO for the firm’s business in India.
Commenting on the appointment Harden said: "To truly become one of the premier investment firms in Asia-Pacific, it is crucial that we excel in the key areas of distribution and client service, not just to the institutional market, but the wholesale market as well."
"While we have been successful with institutional clients throughout the region and intermediaries in Japan, BNY Mellon has in the past been under-represented in the intermediary and wholesale space across the region," added Pardi.
"Navin's primary goal will therefore be to explore how we can best service this exciting space in a differentiated and compelling way."
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