BNY Mellon makes Solway regional head of equity finance
Latest news
BNY Mellon makes Solway regional head of equity finance 29 November 2012Hong Kong Reporter: Jenna Jones
Image: Shutterstock
Paul Solway has been appointed as BNY Mellon’s managing director and regional head of equity finance for Asia-Pacific, confirming a story that SLT reported in early October.
Based in Hong Kong, Solway will report to Robert Chiuch, managing director and global head of equity finance in New York. Before joining BNY Mellon, Solway held positions at several other financial institutions including Macquarie Bank, HSBC Securities and Nomura International.
“Over the next 12 months we will be deeply focused on current and prospective clients in the region by exploring ways to expand existing relationships and build new ones, and strategically aligning our people, products and resources with those of the client to achieve the best possible results,” said Chiuch.
James Slater, head of BNY Mellon’s Global Collateral Services securities finance group, added: “From a securities financing perspective, Asia stands out globally as a region where asset owner demand, and in turn revenues, are rising.”
“As such, to ensure that we are able to meet the growing needs of Asian institutions, we are steadily investing in our local infrastructure and hiring highly qualified individuals to lead our efforts.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities Finance Times
Image: Shutterstock 