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bny mellon expands asia pac intermediary distribn

By Mark Battersby, 28 Jan 13

BNY Mellon has named Eric Fu as managing director of the firm’s intermediary distribution team in the Asia-Pacific region.

BNY Mellon has named Eric Fu as managing director of the firm’s intermediary distribution team in the Asia-Pacific region.

In this newly created position, Fu will be based in Hong Kong and report to Navin Suri, head of intermediary distribution, Asia-Pacific.

Fu will be responsible for developing business with key distributors throughout Asia-Pacific, and will work closely with the product and marketing teams to deliver product programmes.

Suri said: “We are building out our distribution platform across Asia-Pacific as we believe the intermediary market is going to grow steadily over the next decade.”

Fu joins BNY Mellon from HSBC, where he most recently held the position of head of wealth development, retail banking and wealth management, Hong Kong.

His previous career included senior positions at China Southern Fund Management, and Fidelity, where he was business head for the intermediary and institutional businesses.

Fu also served as chairman of the unit trust sub-committee of the Hong Kong Investment Fund Association in 2008 and most recently as chairman of the securities committee of Hong Kong Association of Banks in 2012.
 

Tags: BNY Mellon

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.