Shuffle at top for BNY Mellon Japan
06 March 2013
By Asia Asset Management
BNY Mellon has appointed Shizu Kishimoto as representative director and president of its Japanese investment management subsidiary, BNY Mellon Asset Management Japan, effective from April 1. Shogo Yamaguchi, currently representative director and president, has been named as representative director and chairman of BNY Mellon Asset Management Japan, also effective from April 1. Based in Tokyo, both Ms. Kishimoto and Mr. Yamaguchi will report into Alan Harden, CEO for BNY Mellon’s Asia-Pacific investment management business.
Ms. Kishimoto joined BNY Mellon in 2003 and has over 15 years’ investment management experience. She has previously worked at UBS Trust and Banking and Credit Suisse Asset Management. Her most recent position at BNY Mellon was representative director and head of retail sales and marketing for the firm’s Japanese investment management business. As president she will join BNY Mellon’s Asia-Pacific investment management executive committee and BNY Mellon’s Asia-Pacific operating committee. She is a Chartered Member of the Securities Analysts Association of Japan.
Mr. Yamaguchi joined BNY Mellon in 2007 and has over 15 years’ investment management experience gained at Credit Suisse Asset Management, PCA Asset Management. Before entering the investment management business, he worked for Sumitomo Corporation in Tokyo and London. Mr. Yamaguchi is a member of BNY Mellon’s Asia-Pacific investment management executive committee, BNY Mellon’s Asia-Pacific operating committee and BNY Mellon’s Japan executive committee. He is a Chartered Member of the Securities Analysts Association of Japan.
“Japan has one of the most sophisticated investment markets globally and is a key strategic priority for BNY Mellon,” said Mr. Harden. “Over the next three years, innovation of products and services will be a key factor in differentiating investment management offerings in Japan. Our Japanese investment management business has already enjoyed a great deal of success from its innovative approach to product design, and we will continue to invest steadily in our business here, exploring new ideas and products which we can introduce to both retail and institutional investors, whilst ensuring we continue to deliver service excellence to our clients.”
He added: “We are deeply appreciative for everything that Shogo has done for BNY Mellon Investment Management in his role as president in Japan over the last four years. He sharpened our strategic focus and steered our business through the challenges of the financial crisis and the earthquake / tsunami, during which time we remained profitable and continued to grow. As chairman he will continue to play a key role alongside Shizu, whose depth of experience will help drive our business forward and sustain our momentum in meeting and exceeding our clients' investment expectations. Our management team in Japan has never been stronger.”
“Over the last decade, Shizu has been instrumental in transforming our wholesale investment business and building dynamic team which has made material inroads into the Japanese retail market,” added
BNY Mellon has been serving Japanese institutions for almost 100 years. The company opened its first office in Tokyo in 1970 and was granted a branch license in 1973.
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