BNY Mellon has promoted Gregory Roath to Asia-Pacific head of global client management, replacing Eleni Wang who was appointed Asia Pacific head of investment services last year.

Roath will report to Steve Lackey, Asia-Pacific chairman. He remains on BNY Mellon’s Asia-Pacific executive committee and Asia-Pacific operating committee.

Neil Atkinson takes over Roath’s former position of Asia-Pacific head of depositary receipts (DR). Atkinson joins BNY Mellon’s Asia Pacific executive committee and the DR senior management team, led by Christopher Kearns, chief executive officer of BNY Mellon’s DR business based in New York.

“The expansion of our international businesses is key to our company’s ongoing success,” noted BNY Mellon’s Lackey. “Asia represents a dynamic and growing market, and we see many exciting opportunities in the region. We continue to gain market share and benefit from the steady investments we are making to help Asian institutions succeed at every stage of the investment lifecycle.”

Lackey continued: “Greg’s promotion is a reflection of his strong leadership and outstanding business judgment. His global acumen will play an integral role as we continue to drive greater collaboration across our investment services and investment management businesses.”

Kearns added: “DRs continue to prove to be an effective way for companies to raise capital in the region. We see great opportunities from Asia Pacific issuers this year as improved sentiment and climbing equity prices continue to draw issuers back to global markets for their capital needs. Neil brings many years of experience and strong international credentials to his new role, and is the ideal candidate to build upon Greg’s many achievements and continue to drive our DR business forward in the region.”