BNY Mellon has appointed Winnie Chen as Singapore chief executive, effective immediately. Chen will be responsible for driving growth priorities in Singapore while ensuring the firm’s governance and control structures are aligned with regulatory expectations.

Chen takes on this role in addition to her responsibilities as Asia Pacific head of treasury services. She replaces Francis Braeckevelt, who will focus on his expanded role leading international operations, including Latin America.

Fangfang Chen, Asia Pacific chair and head of global client management at BNY Mellon, said: “Singapore is a regional hub for crucial functions at BNY Mellon including operations and engineering, and serves key clients in the region.

“Chen’s broad expertise will be instrumental as we implement our Singapore growth agenda to drive client service excellence and innovation.”

With over 20 years of experience working in the United States, Greater China and Singapore, Chen brings an international perspective to her newly expanded role. She also has experience working across a number of areas including credit administration, sales, treasury services, and transaction banking.