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Generic business image for news article Image: BNY Mellon

22 July 2022
Asia
Reporter Winnie Lee

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BNY Mellon establishes Asia-Pacific advisory council

BNY Mellon has established an Asia-Pacific (APAC) advisory council of industry leaders in an effort to advance regional growth.

Founding members of the advisory council include Eiji Hirano (pictured left), director and vice-chairman of MetLife Insurance K.K. (MetLife Japan), Jong Nam Oh (pictured middle), senior advisor at Kim & Chang, Zili Shao (pictured right), senior advisor at Fangda Partners.

The founding members each bring extensive experience as a central banker, practitioner or policymaker.

Hirano has extensive expertise in public policy, international finance, payment systems, and corporate governance through his experience at the Bank of Japan and several other private institutions.

He was chairperson of the board of governors of the government pension investment fund, and also sits on the boards of NTTDATA, Riken, and Ichiyoshi Securities.

Oh is a veteran advisor in finance, with decades of experience consulting for global, regional and national business leaders. He joined law firm Kim & Chang in 2008 and has served as chair of the board of directors at electronic health company ezCaretech since 2021.

Oh has also chaired the board of Standard Chartered Bank Korea, UNICEF Korea, Samsung Securities and GM Korea.

Shao founded MountVue Capital Management in 2017, after having spent the prior two years at King & Wood Mallesons China as co-chairman and partner.

He currently sits on the boards of Energias de Portugal, Ares SSG Capital Management, Bank of Montreal (China) and Yum China Holdings.

From 2010 to 2015, Shao held various positions at JP Morgan Chase & Co, including roles such as chairman and CEO of JP Morgan China, and vice chairman of JP Morgan APAC.

Hani Kablawi, chairman of international at BNY Mellon, says: “The formation of the advisory council is a reflection of our steadfast commitment to our clients as we continue to invest in the region, our people, and capabilities to power our business. This will help future-proof our clients’ operating models, enabling them to take their business growth to the next level.”

Fangfang Chen, APAC chair, and APAC head of asset servicing and digital at BNY Mellon, adds: “We are excited to establish our Asia Pacific advisory council and are honoured to welcome such well-respected and high-calibre founding members as we continue to broaden and accelerate the development of our solutions and service capabilities.

“Our leadership team looks forward to working with the advisory council to propel growth and innovation in the region.”

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