BNY hires Nehal Mehra as Head of Asia Pacific Securities Financing & Global Collateral

Key points: 

  • Nehal Mehra joins BNY today, May 12, as Head of Asia PacificSecurities Financing & Global Collateral.
  • He is based in Hong Kong, reporting to Nehal Udeshi, Head of Securities Finance; Gesa Johannsen, Head of Global Collateral; and Nelius De Groot, Head of Markets International.
  • Nehal joins BNY from Goldman Sachs where he was Global Head of Cross Asset Financing.
  • In this newly created role, Nehal will focus on strengthening BNY’s position in Asia Pacific, drawing on his deep expertise and experience in the region.
  • He will play a key role across our Securities Financing and Collateral platforms, developing our solutions to meet the needs of our clients across the region.
  • We’re seeing increasing demand from our clients to expand financing and lending of Asia Pacific assets, and Nehal’s appointment reaffirms our commitment to continue strategically investing in our business globally.

Statement:

“We are delighted to welcome Nehal to our team, a key strategic hire that underscores our focus on expanding our presence in Asia Pacific. His expertise will be instrumental in driving growth and enhancing our regional capabilities,” said a BNY spokesperson. “This appointment dovetails well with the recent appointment of Ashvin Parkash as Head of Global Markets Trading for Asia Pacific, further establishing our position as a leading financial services provider in the region.”

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