Fangfang is the Asia Pacific Chair and Asia Pacific Head of Asset Servicing and Digital at BNY Mellon. She is responsible for overseeing the execution of the company’s strategic growth agenda in Asia Pacific and driving the success of the Asset Servicing and Digital business in the region. Her responsibilities also include oversight of the company’s regional structure, including regulatory and legal compliance.
I am excited about many aspects of working at BNY Mellon, but perhaps most of all, I am excited about the potential of Asia Pacific. I have seen firsthand the rapid economic and market developments over the past decade. This next decade will see even greater prosperity in this region. But it won’t be without its challenges — as Asia Pacific is complex. The market structure and maturity, the regulations and competitive dynamics are different from market to market. That said, we are building from a solid foundation – our scale, client base, solutions and people. Together, we can achieve great things.
International Women’s Day reminds us of how far we’ve come through the efforts of one generation after another. In 2020, the number of women running America’s largest corporations hit a new high – 37 of the Fortune 500 are led by female chief executives. At the same time, there is so much more work to be done. We should ask ourselves: how do we get the number from 37 to 100, 200 and even 300? As a mother of a 12-year-old girl, I wish that we one day no longer need to mark a specific day for women as every day offers the same and abundant opportunities for everyone.
Leading with courage creates real impact on company culture and business results. While still in my early days at BNY Mellon, I try to instill a “can do” mentality, encourage staff to not take “no” for an answer and look for better ways to do things. I view part of my job as removing hurdles and setting up robust structures for my team to do their job. This kind of “support” role is a form of leadership, in my opinion. Future-proofing our business is also an important role a leader should play. As an example, I’ve recently taken on the Chair role for the Asia Pacific Digital Council, engaging with global teams to support our digital and innovation journey.