A woman walking in front of a BNY Mellon building.
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Bank of New York Mellon is a 240-year-old financial firm with $2.1 trillion in AUM.It also touches roughly 20% of investible assets around the globe through its various businesses.Here are the names of the 30 employees it just promoted to the top title of managing director.
Bank of New York Mellon Corp. on Wednesday promoted 30 employees to managing director, the bank’s highest title below the C-suite. That’s down from 44 managing director promotions last year as CEO Robin Vince seeks to transform the bank, including by setting a higher bar for rising up in the ranks.
BNY is neither an investment bank nor a consumer bank, but it’s one of the oldest and most important financial institutions on Wall Street. Founded by Alexander Hamilton 240 years ago, BNY is a custodian and administrator of $52.1 trillion for financial firms through its asset servicing business, clearance and collateral management, and other businesses. It also manages $333 billion in individual client assets through its wealth business, and $2.1 trillion in assets through its investment and wealth management business segment.
It touches roughly 20% of investible assets around the global through its various commercial lines, including custody and treasury services.
This year, 25% of the new class are from non-US locations, including locations the bank has targeted for growth, like Manchester, United Kingdom, Wroclaw, Poland, Dublin, Ireland, and India (both Chennai and Pune), according to a spokesperson.
Here are the list of names of BNY’s newest MDs.
Asset Servicing: Adam Watson, Fiona McNally, Ranjani IyerBNY Wealth: Chad Johnsrud, Adam InnerstChief Commercial Office: Christian Lewis, Paula AvraamidesClearance and Collateral Management: Parin ShahCredit Services: Shaf HasanEngineering: Bhupendra Pudrohit, Christina Mackrell, Siva Hoskeri, Vikram LalitEnterprise Transformation Office: Lauren KozoraExecutive Office: Sarah AtkinsonFinance: Jason Thomas, Jessica Casillo, Kimberly Perman, Sudipta AdhayaGrowth Ventures: David MossMarkets: Ted Leveroni, Jeff McCormickOperations: Gerard O’Keefe, Janet Menezes, Katherine Mruczek, Nellie Ding, Sean TurnerRisk and Compliance: Nicholas Fuller, Ryan LeaderTreasury Services: Jeffrey Sander
