Bank of New York Mellon has appointed KH Kang as head of trading in Korea. Kang will replace TB Song who will retire from BNY Mellon after a transition period with Kang.
Kang brings 14 years of foreign exchange and derivatives trading experience to his new position. Before joining BNY Mellon, Kang worked at Woori Securities where he was head of foreign exchange and derivatives. Prior to that he was with Citibank.
In his new role Kang will report to Marek Unger, head of trading for Asia, and will be responsible for growing the firm's customer base in Korea with a focus on financial institutions and asset management.
“Foreign exchange expertise is an important part of the value proposition we offer our clients across many of our key businesses in Korea, such as asset servicing, issuer services and treasury services," said Marek Unger. "Kang has an in-depth knowledge of the Korean marketplace and will be instrumental in expanding the scope of our global markets businesses in this very important market,” added Unger.
BNY Mellon global markets encompasses the foreign exchange, interest-rate and equity risk management businesses, including global trading and sales activities that trade in over 100 currency markets globally.
In Asia-Pacific, BNY Mellon has four trading rooms in Hong Kong, Seoul, Taipei and Tokyo that offer and trade foreign exchange, money markets, foreign exchange derivatives and interest rate derivatives.