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15 November 2012
Hong Kong
Reporter Georgina Lavers

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BNY Mellon appoints Fred DiCocco for treasury services

BNY Mellon has appointed Fred DiCocco as head of sales & relationship management, treasury services, for Asia-Pacific.

DiCocco will assume the role on 1 December 2012, joining BNY’s Asia-Pacific executive committee at the same time. He will continue to be based in Hong Kong and will report to Alan Verschoyle-King, global head of sales & client management, treasury services, BNY Mellon.

“Treasury services is a core business for BNY Mellon and we continue to expand, invest and grow on all fronts having substantially increased our market share in Asia-Pacific over the last five years,” said Verschoyle-King.

“Looking to the future, we will continue to invest strongly in our global treasury technology platform, with a growing proportion of this investment focusing on Asia-Pacific, which underlines our commitment to the region.”

“Asia-Pacific has for a number of years been one of the key growth engines for BNY Mellon across all our investment services businesses,” added Steve Lackey, Asia-Pacific chairman, BNY Mellon. “Fred inherits a strong platform and - under his leadership - we are confident that we will continue to help clients grow and succeed in rapidly evolving markets across this region.”

DiCocco joined BNY Mellon in 1998, relocating to Hong Kong in 2006. He is a member of Bankers Association for Finance and Trade (BAFT) and serves on the organisation's Asia-Pacific Council.

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