Wells Fargo Names Jafar Amin Regional President for Asia Pacific Region

SAN FRANCISCO--(Business Wire / Korea Newswire)--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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170125006324/en/

Website: http://www.wellsfargo.com

This is a news release distributed by Korea Newswire on behalf of this company.