BNY Mellon has bolstered its intermediary distribution team with a key appointment in Hong Kong as the bank aims to boost its Asia-Pacific presence.

BNY Mellon, the global investment management and investment services firm, has named Eric Fu as a managing director within the firm’s intermediary distribution team. The move is part of efforts to widen and deepen the US bank's Asia-Pacific footprint. 

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

With more than 22 years of experience in leadership roles in local, regional and global wealth management and asset management businesses, Fu will play a critical role in building BNY Mellon’s distribution capability across Asia-Pacific, in line with the company’s aim to become a premier investment partner for the intermediary space.

In his role, he will be responsible for developing business with key distributors throughout Asia-Pacific, and will work with the product and marketing teams to deliver strong product programmes for these channels across the region, according to the firm.