US-based BNY Mellon has announced the appointment of a head of markets and execution services for the Asia Pacific region.

BNY Mellon appoints Nelius De Groot as head of markets and execution services for APAC, according to a statement, effective immediately. Based in Singapore, he is responsible for leading the growth strategy and direction of the markets and execution services business for the region. 

De Groot has over 30 years of capital markets and transaction banking experience. Previously, he held senior leadership roles at major global institutions in London, New York and Singapore, including Standard Chartered Bank and Deutsche Bank.

«[De Groot’s] impressive track record of building and expanding businesses, along with his focus on product and technology innovation and execution, will be instrumental as we continue to deliver market-leading solutions to clients across the region,» said global head of markets and execution services Adam Vos.