Wells Fargo Taps First Commercial Sales Leader to Focus on Asian Segment

For the first time, Wells Fargo’s Commercial Banking team will have a leader dedicated to setting the strategy for growing and overseeing commercial banking relationships with Asian American and Pacific Islander-owned and -led businesses nationwide. As the Asian segment leader, Andrew Moy will help tailor solutions to support their business growth, access to capital, and individual wealth-building needs. Moy will also be responsible for creating partnerships, programs, and insights that prospects and clients value.

Moy’s new role continues the Diverse Segments team’s expansion and commitment to supporting diverse-owned and -led companies from underserved and underrepresented communities. Ruth Jacks was named head of the Commercial Banking Diverse Segments business last June reporting to the Commercial Banking CEO. As a member of the Commercial Banking Operating Committee, Ruth and her team focus on providing comprehensive financial services and expertise to diverse-owned and -led companies with annual sales between $25 million and $2 billion, as well as advocating for the programs and partnerships that help them achieve their personal and business financial objectives.

Moy’s first focus will be to meet with clients and prospects in key markets, including Los Angeles, San Francisco, New York, New Jersey, and Houston, and dig into market data to help pinpoint opportunities where Wells Fargo can better serve the needs of this fast-growing segment.

Moy graduated from the University of California. Berkeley with a bachelor’s degree in economics. He joined Wells Fargo in 1993 as a relationship management trainee with the Real Estate Group. In 1996, he graduated from the Credit Management Training Program and joined the Loan Adjustment Group based in Los Angeles.

In 1999, he joined Wells Fargo’s Houston Regional Commercial Banking Office as a relationship manager. In 2003, he joined the Houston Global Banking office. Over the next 16 years, he built the Global Banking business throughout South Texas, Southern California, the Mountain states, the Southeast, and the East Coast. Andrew then became head of the Global Advisory division, overseeing offices in the U.S., London, Dublin, Hong Kong, Singapore, and Shanghai that delivered international, cross-border, and commercial services to large corporate and middle-market companies.

Now based in Charlotte, NC, Andrew’s most recent role was leading several specialized industry teams, including Commodity Finance, Employee Stock Ownership Plan financing, Global Advisory, Heavy Equipment Dealer Group, Investor Real Estate, and Sustainable Finance.

Over the years, Andrew has served on the board of the Hong Kong Association of Southern California and the Houston chapter of Pratham USA, one of the largest and most successful non-governmental education organizations in India. Outside of work, Andrew and his wife are busy with their seven kids, ranging from eight to 25 years old.

Fun fact: Andrew’s paternal great-grandfather, Moy Bak Ling, was the first Chinese settler in Fiji, arriving in 1883.