BNY Mellon appoints new Asia Pacific Chairman
BNY Mellon, the global asset manager and investment services provider – which includes private equity and hedge fund investments – has appointed Stephen Lackey as Chairman of its Asia Pacific operations, based in Hong Kong.
He replaces Christopher Sturdy, who held the role since early 2008 and departs to take on a position at the firm's global client management group in New York.
Lackey has been with BNY Mellon since 1981, and was promoted to Director of the firm’s global corporate development and investor relations business in 2009. Upon his arrival in Hong Kong, Lackey will be met with a regional network that he created during his previous travels across Asia, when he led BNY Mellon’s M&A strategy in the region and globally. Going forward, Lackey will lead the company’s development and implement new business strategies. He will chair the firm’s Asia Pacific Executive Committee in addition to being a member of BNY Mellon’s Executive Committee.
Following Lackey’s announced appointment, Robert P. Kelly, Chairman and CEO of BNY Mellon, publicly added that Asia Pacific has excellent growth opportunities because of the number of Asian institutions looking to diversify their portfolios through increased investment outside their borders.
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