BNY Mellon has hired Robert Whittemore to head its treasury services business in Japan, replacing Sumiko Katsuhara who retired last year.
In the role, Whittemore is responsible for managing and building the delivery of treasury services, both payments and trade activities, to financial institutions in the country, one of three markets that BNY Mellon considers is key to reaching its target of doubling Asia treasury revenue by 2015. He oversees a team of 30 in the bank's Tokyo office and reports to Richard Brown, Hong Kong-based head of treasury services for Asia.
Japan is a major and growing market for BNY Mellon, as the biggest banks and even regional banks demand robust, high...