Leow succeeds Jai Arya who BNY Mellon said will “focus on supporting the future needs and growth plans” of sovereign wealth funds, sovereign pension plans, central banks/monetary authorities and sovereign owned entities in his capacity as head of BNY Mellon’s Global Sovereign Institutions Group.
Meanwhile, Leow will continue to report to Tim Keaney, chief executive of BNY Mellon Asset Servicing and head of Asia-Pacific for BNY Mellon’s Asset Servicing business. He will also report to Steve Lackey, chairman of Asia-Pacific, in his new additional role as country executive for Singapore.
“Singapore is strategically a very important market for BNY Mellon,” said Lackey. “Viewed as one of the safest jurisdictions in the world, it is home to some of the largest and most sophisticated investors in Asia. This makes Singapore a highly compelling draw for BNY Mellon as there is strong local demand for our investment management and investment services.”
