BNY Mellon has appointed Mark Militello as Japan country executive to drive the execution of its Japan strategy and growth priorities, and oversee governance responsibilities, including regulatory and legal compliance.
Militello is currently based in Hong Kong but will relocate to Japan in light of his new position. He will still continue to serve in his current role as Asia Pacific (APAC) head of markets and clearance and collateral management for BNY Mellon.
In total, Militello has more than 18 years of experience of living and working in Japan including with Shinsei Bank, Lehman Brothers and Morgan Stanley.
He began his career at Morgan Stanley in New York and first moved to Japan in 1987. He joined Lehman Brothers in Japan and later moved to Shinsei Bank in Tokyo, where he held various senior roles, including as chief operating officer of the institutional bank and co-head of corporate banking.
Militello succeeds Doug Hymas, who informed the company of his decision to leave.
Fangfang Chen, APAC chair and APAC head of asset servicing and digital, BNY Mellon, says: “Japan is an important market for BNY Mellon. With a presence of more than 50 years in Japan, we continue to see opportunities to deepen our client relationships and grow our business.”
“Mark Militello’s combined local, regional and global experience in the financial services industry will be instrumental as we continue to execute on our growth priorities in Japan,” Chen adds.
