Boutique asset manager BNY Mellon Investment Management has appointed an institutional sales director and a business development manager to be based in Hong Kong and China.
Former State Street Global Advisors China business development vice president Lydia Wu will join BNY Mellon as an institutional sales director, according to a statement.
Based in Hong Kong, she will be responsible for developing relationships with China- and Hong Kong-based institutions and brings experience maintaining relationships with sovereign wealth funds, insurance companies, banks and wealth management firms.
Departing from her previous role as institutional business development director at Bosera Asset Management, Gigi Wang will be based in Shanghai and assume responsibility for developing new business opportunities with institutional clients in mainland China.
Commenting on the appointments, BNY Mellon co-head and head of distribution Lindsay Wright said Ms Wu and Ms Wang both had “proven track records in the Chinese institutional asset management space”.
“They are highly adept at identifying clients’ needs, matching the appropriate solution and delivering first rate client service, making them a good fit for BNY Mellon Investment Management,” Ms Wright said.
Both have already commenced their roles and report to BNY Mellon head of institutional distribution, greater China and south-east Asia Jessie Zhang.