Shogo Yamaguchi named as Chairman and Representative Director
TOKYO, March 6, 2013 — BNY Mellon, the global leader in investment management and investment services, has appointed Shizu Kishimoto as Representative Director and President of its Japanese investment management subsidiary, BNY Mellon Asset Management Japan Limited, effective from 1st April 2013. Shogo Yamaguchi, currently Representative Director and President, has been named as Representative Director and Chairman of BNY Mellon Asset Management Japan Limited, also effective from 1st April 2013. Based in Tokyo, both Kishimoto and Yamaguchi will report into Alan Harden, Chief Executive Officer for BNY Mellon’s Asia-Pacific investment management business.
Kishimoto joined BNY Mellon in 2003 and has over 15 years’ investment management experience. She has previously worked at UBS Trust and Banking and Credit Suisse Asset Management Limited. Her most recent position at BNY Mellon was Representative Director and Head of Retail Sales and Marketing for the firm’s Japanese investment management business. As President she will join BNY Mellon’s Asia-Pacific Investment Management Executive Committee and BNY Mellon’s Asia-Pacific Operating Committee. She is a Chartered Member of the Securities Analysts Association of Japan.
Yamaguchi joined BNY Mellon in 2007 and has over 15 years’ investment management experience gained at Credit Suisse Asset Management Limited, PCA Asset Management Limited. Before entering the investment management business, he worked for Sumitomo Corporation in Tokyo and London. Yamaguchi is a member of BNY Mellon’s Asia-Pacific Investment Management Executive Committee, BNY Mellon’s Asia-Pacific Operating Committee and BNY Mellon’s Japan Executive Committee. He is a Chartered Member of the Securities Analysts Association of Japan.
“Japan has one of the most sophisticated investment markets globally and is a key strategic priority for BNY Mellon,” said BNY Mellon’s Harden. “Over the next three years, innovation of products and services will be a key factor in differentiating investment management offerings in Japan. Our Japanese investment management business has already enjoyed a great deal of success from its innovative approach to product design, and we will continue to invest steadily in our business here, exploring new ideas and products which we can introduce to both retail and institutional investors, whilst ensuring we continue to deliver service excellence to our clients.”
Harden added: “We are deeply appreciative for everything that Shogo has done for BNY Mellon Investment Management in his role as President in Japan over the last four years. He sharpened our strategic focus and steered our business through the challenges of the financial crisis and the earthquake / tsunami, during which time we remained profitable and continued to grow. As Chairman he will continue to play a key role alongside Shizu, whose depth of experience will help drive our business forward and sustain our momentum in meeting and exceeding our clients' investment expectations. Our management team in Japan has never been stronger.”
“Over the last decade, Shizu has been instrumental in transforming our wholesale investment business and building dynamic team which has made material inroads into the Japanese retail market,” added Yamaguchi. “She also has a positive impact on our people on a daily basis through her ability to understand and motivate her teams to strive for outperformance. She is a strong leader and we are excited about what the future may hold as she steps up to steer our investment management business to the next level in Japan.”
BNY Mellon has been serving Japanese institutions for almost 100 years. The company opened its first office in Tokyo in 1970 and was granted a branch license in 1973. BNY Mellon launched BNY Mellon Asset Management Japan Limited in 1998. BNY Mellon provides a wide variety of products and services to Japanese institutional and wholesale marketplace including investment management, asset servicing, broker-dealer services, corporate trust, depositary receipts and global markets.
BNY Mellon Investment Management is one of the world's leading investment management organizations and one of the top U.S. wealth managers, with $1.4 trillion in assets under management. It encompasses BNY Mellon’s affiliated investment management firms, wealth management services and global distribution companies. More information can be found at www.bnymellon.com.
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 36 countries and more than 100 markets. As of December 31, 2012, BNY Mellon had $26.2 trillion in assets under custody and/or administration, and $1.4 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, or follow us on Twitter @BNYMellon.