Robert Kung takes on key China role at BNY Mellon
24 June 2013
By Asia Asset Management
BNY Mellon has named Robert Kung as country executive for China. He will also serve as general manager of the firm’s Shanghai branch, subject to regulatory approval. Mr. Kung succeeds Sunny Sun who will be returning to BNY Mellon’s headquarters in New York to pursue a new role working with Asian clients in the United States.
In his role as country executive, Mr. Kung will be the chief strategist, leader and senior representative for the company with clients and regulators in China. He will report to Steve Lackey, Asia-Pacific chairman of BNY Mellon and Eleni Wang, Asia-Pacific head of global client management. Mr. Kung will join BNY Mellon’s Asia-Pacific operating committee.
Mr. Kung has over 30 years of experience in the banking industry and has worked in Asia-Pacific since 1991. Most recently he was managing director, head of private banking for the China Region at DBS. Prior to this he was managing director and head of the China region for Credit Suisse Clariden Leu Asset Management, based in Hong Kong. Before joining Credit Suisse in 2007, he was managing director with Deutsche Bank where he held various positions over a 15-year period focused on investment services / transaction banking, corporate finance, private banking, and financial institutions in China, Hong Kong and Taiwan.
“Over many years we have developed a successful franchise in China servicing the global investment needs of our institutional clients,” said Mr. Lackey. “The liberalisation of China’s capital markets is now at the forefront of economic reform, and the new leadership appears committed to transforming China into a leading force in the financial markets. As a global investments company, BNY Mellon has an opportunity to support the growth of China’s financial markets through our leadership in investment management and investment services.”
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