BNY Mellon appoints Park as Korea head

Park Hyon-joo

By Kim Bo-eun

BNY Mellon said Monday it had appointed Park Hyon-joo as its country executive for Korea.

Park succeeds Ji Sang-don, who will serve his term through May 31, and will report to BNY Mellon's Asia Pacific Chairman David Cruikshank.

Park has over 25 years of experience in the financial industry and has held a range of leadership positions at top-tier global financial institutions.

"Korea is a strategic market for BNY Mellon," Cruikshank said. "With a presence in the country spanning more than 30 years, we have developed an immensely successful business servicing our institutional clients, and we continue to see opportunities to further expand our capabilities in the years ahead."

"Park will be at the heart of further enhancing our growth, with the depth and breadth of her financial services experience and understanding of Korean clients' needs," he said.

The New York global investments company opened its Seoul branch in 1988. It offers comprehensive financial services to the Korean institutional and wholesale market, including securities servicing, asset management, corporate trust and treasury services. BNY Mellon provides services in 35 countries.