BNY Mellon has expanded the brief of Francis Braeckevelt as head of international operations, adding LatAm to his existing responsibility for EMEA and APAC. He reports to Richard Gordon, the recently appointed global head of operations. Braeckevelt, who is based in Singapore, will be replaced as Singapore chief executive by Winnie Chen, who takes on…
Category: BNY Mellon
BNY Mellon to establish digital R&D hub
BNY Mellon is to establish a digital R&D hub in Dublin that will drive innovation in the areas of AI, ML, and data analytics. The development includes an initial EUR8m (USD8.5m) investment, with support from IDA Ireland. The investment will also lead to a more than doubling of the digital team in Dublin and the…
Apex appoints group president
Apex has appointed Samir Pandiri to the newly created role of group president and member of the executive committee. Reporting to founder & CEO, Peter Hughes, Pandiri will be responsible for overseeing functions including operations, technology product innovation, risk and human resources. He joins from Broadridge, where he was most recently responsible for post-trade technology,…
BNY Mellon expands liquidity options
BNY Mellon has expanded LiquidityDirect, its short-term investment platform, to incorporate access to mutual funds, enhanced focused investing options, interest-bearing demand deposit accounts and sponsored cleared repo sweep capabilities. These new options provide a platform for leveraging more than 100 investment vehicles. The expansion covers integration with SAP‘s Treasury Management workstation, creating efficiencies for self-directed…
Northern hires chief data officer from BNYM
Northern Trust has appointed Duncan Cooper as chief data officer, asset servicing, a new role, reporting to Kelley Conway, global head of corporate and digital strategy. He will be responsible for leading the data strategy for the asset servicing business, covering both data delivery and data management. He joins from BNY Mellon, where he was…
BNY Mellon appoints chief auditor
BNY Mellon has appointed Joseph Pizzuto as chief auditor, responsible for leading the company’s internal audit group. He will be a member of BNY Mellon’s ExCo. Pizzuto was previously at General Motors, and has also worked at GE Capital and Citibank.
BNY Mellon hires chief commercial officer
BNY Mellon has appointed Cathinka Wahlstrom as chief commercial officer. In this capacity, she will lead the bank’s Global Client Management function, and will also take on a leadership role for coordinating and maximising the contributions of its sales and relationship management teams across the company. Ed Fandrey, who was hired as head of global…
BNY Mellon hires new custody chief
BNY Mellon has hired Ryan Cuthbertson as global head of custody services. He reports to Emily Portney, CEO of asset servicing. Cuthbertson was most recently head of product for custody and clearing at Standard Chartered. Cuthbertson replaces Caroline Butler, who will now focus on her role as CEO of digital assets. Butler has been running…
Vistra hires industry veteran for UK PERE role
Vistra, the Asia-based administrator, has hired David Page as UK business development director for private equity and real estate. He was most recently in the alternatives business development team at BNY Mellon.
BNY Mellon and FRT expand agreement
BNY Mellon has expanded its 2021 agreement with Financial Recovery Technologies (FRT), a global securities class actions recovery provider, to cover North American class action filing and recovery service, including broader access to comprehensive non-U.S. alerts for global markets. Headquartered in the U.S., FRT has more than 2,500 institutional clients worldwide who deploy FRT’s class…