Amin will also lead Global Financial Institutions business in Asia;
Jim Ho named head of China business development office
HONG KONG--(BUSINESS WIRE)--Wells
Fargo & Company (NYSE:WFC) announced today that Jafar Amin has
been named the new regional president for its Asia Pacific (APAC)
region, succeeding Jim Johnston who served as interim regional
president. Amin is based in Hong Kong and reports to Richard Yorke,
chief operating officer for Wells Fargo’s Wholesale Banking business.
“We continue to grow our business in Asia by providing our corporate,
commercial and financial institution customers with access to our U.S.
and international products and services, industry-leading global
financial institution network, and best-in-class technology,” said
Yorke. “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.”
As regional president, Amin will work with other Wells Fargo business
leaders to serve commercial, corporate and financial institution
customers across APAC. He will also represent the interests of Wells
Fargo to regional regulators, government officials, central banks, and
financial institutions in the Asia Pacific region.
Wells Fargo currently has 1,600 Wholesale Banking team members in Asia
Pacific to serve its corporate, commercial and financial institution
customers doing business across the region. With branches in Beijing,
Hong Kong, Seoul, Shanghai, Singapore, Taipei and Tokyo, representative
offices in nine other cities, and other operating entities in China,
Australia and New Zealand, Wells Fargo currently operates 12 lines of
business throughout Asia Pacific.
In addition to his role as regional president, Amin was also appointed
head of Wells Fargo’s Global Financial Institutions (GFI) business in
APAC, leading a team that manages relationships with financial
institutions throughout the region. GFI provides relationship coverage
to international financial institutions, supranationals, sovereigns and
agencies through enterprise-wide product capabilities, including
international payment and trade finance solutions. GFI operates on a
global platform which focuses on local customer service, compliance and
credit risk management.
As head of GFI Asia, Amin succeeds Jim Ho, who was named head of Wells
Fargo’s Greater China Business Development and Advisory team. Greater
China, including mainland China, Hong Kong, and Taiwan, has become an
important and evolving market for Wells Fargo and its Wholesale banking
customers. Based in Philadelphia, Ho will lead efforts to strengthen and
deepen relationships with customers and key stakeholders across the
region.
Amin relocated from London, where he most recently served as executive
vice president and head of Global Financial Institutions (GFI) Europe.
He managed teams in Frankfurt, London, Madrid, Milan, Paris, and the
U.S. that were responsible for managing relationships with financial
institutions in 26 European countries.
Before joining Wells Fargo in 2012, Amin was with HSBC for more than 12
years where he held leadership and management positions across various
functions, including Financial Institutions, Corporate and Commercial
Banking, Public Sector, Global Human Resources, and Transaction Banking
in Europe, Asia, and the Middle East. He holds a bachelor’s degree in
political science from the University of Toronto. Amin is also a
director of Wells Fargo International Banking Corporation and Wells
Fargo International Finance, LLC.
Wells Fargo operates from 42 countries and territories outside of the
U.S., including branches in Beijing, Cayman Islands, Dubai International
Financial Center (DIFC), Hong Kong, London, Seoul, Shanghai, Singapore,
Taipei, Tokyo, and Toronto.
About Wells Fargo & Company
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based
financial services company with $1.9 trillion in assets. Founded in 1852
and headquartered in San Francisco, Wells Fargo provides banking,
insurance, investments, mortgage, and consumer and commercial finance
through more than 8,600 locations, 13,000 ATMs, the internet
(wellsfargo.com) and mobile banking, and has offices in 42 countries and
territories to support customers who conduct business in the global
economy. With approximately 269,000 team members, Wells Fargo serves one
in three households in the United States. Wells Fargo & Company was
ranked No. 27 on Fortune’s 2016 rankings of America’s largest
corporations. Wells Fargo’s vision is to satisfy our customers’
financial needs and help them succeed financially. News, insights and
perspectives from Wells Fargo are also available at Wells
Fargo Stories.