- 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 global 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 employee 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 custodian and 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 Iyer
- BNY Wealth: Chad Johnsrud, Adam Innerst
- Chief Commercial Office: Christian Lewis, Paula Avraamides
- Clearance and Collateral Management: Parin Shah
- Credit Services: Shaf Hasan
- Engineering: Bhupendra Pudrohit, Christina Mackrell, Siva Hoskeri, Vikram Lalit
- Enterprise Transformation Office: Lauren Kozora
- Executive Office: Sarah Atkinson
- Finance: Jason Thomas, Jessica Casillo, Kimberly Perman, Sudipta Adhaya
- Growth Ventures: David Moss
- Markets: Ted Leveroni, Jeff McCormick
- Operations: Gerard O’Keefe, Janet Menezes, Katherine Mruczek, Nellie Ding, Sean Turner
- Risk and Compliance: Nicholas Fuller, Ryan Leader
- Treasury Services: Jeffrey Sander
