BNY Mellon Asset Management Asia chief Jiang relocates to US to run ETF unit

BNY Mellon asset management's Asia Pacific head has quit to run ETF business, Mellon Capital, in San Francisco. But the US bank says Asia remains a strategic priority for the group as business in the region is growing at four times the rate of the US

David Jiang, Bank of New York Mellon Asset Management's former head of business for Asia Pacific, has moved to San Francisco to head the global sales team at Mellon Capital, an exchange-traded fund asset manager.

In the meantime, BNY Mellon's asset management team in Asia Pacific will report to Alan Mearns, chief executive of BNY Mellon Asset Management International who, in turn, reports into