Industry veteran with extensive trade-related experience will focus on growing trade processing as a key Treasury Services offering
NEW YORK, September 28, 2015 — BNY Mellon has appointed Joon Kim as head of global trade processing products for BNY Mellon's Treasury Services business.
Joon's more than 25 years of banking industry experience includes service in a number of senior positions at Standard Chartered Bank and American Express Bank. He joins BNY Mellon from Standard Chartered, where he was managing director and head of transaction banking sales for corporate and commodities for the Americas region. Responsibilities in previous positions included leading teams engaged in trade sales, trade product management and relationship management, with an emphasis on development and sales of trade finance, supply chain financing, receivable services, trade processing and cross-border cash and liquidity management solutions to global financial institutions and corporations. Based in New York, Joon succeeds Vince Galloni, who has joined the Treasury Services strategy and innovation team.
"Joon is superbly credentialed to head up our trade processing products team," said Anthony Brady, Managing Director and Global Head of the Business Strategy and Market Solutions group for BNY Mellon's Treasury Services business. "Under his leadership we're sure to build on the momentum we've achieved in recent years strengthening the solutions we provide in this strategically important market space."
With locations on six continents and a global network of correspondent financial institutions, BNY Mellon's Treasury Services business delivers high-quality performance in trade services, global payments, and cash management. The company is a top-five participant in both the CHIPS and overall funds transfer markets, and is a recognized leader in the delivery of private-label treasury services solutions for banks and other large institutional clients.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of June 30, 2015, BNY Mellon had $28.6 trillion in assets under custody and/or administration, and $1.7 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.