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New APAC president for Wells Fargo

New APAC president for Wells Fargo

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Global bank Wells Fargo has named Jafar Amin as the new regional president for the Asia-Pacific region.

Mr Amin – who is based in Hong Kong – will represent the business when dealing with government regulators and clients in the region.

He previously served as the company’s executive vice-president and head of global financial institutions (GFI) business for Europe.

Wells Fargo wholesale banking chief operating officer Richard Yorke, to whom Mr Amin will report, said Mr Amin was a good fit for the role.

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“With his extensive industry and leadership experience, I am confident that Jafar will build upon this success as we continue to strengthen our capabilities and serve all our customers across this very important region,” Mr Yorke said.

Mr Amin will also serve as the head of Wells Fargo’s Asia-Pacific GFI business, replacing former head Jim Ho in managing the business’ relationships with financial services firms.

Mr Ho will remain with the company and has been named as the head of Wells Fargo’s Greater China business development and advisory team.

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