BNY Mellon Chairman and Chief Executive Officer Gerald Hassell today unveiled several executive appointments to boost its investment management and services units.
First, Karen Peetz was appointed president of BNY Mellon to lead the firm’s Global Client Management, Regional Management, Treasury Services and Human Resources units. Peetz is currently Vice Chairman and chief executive officer of Financial Markets & Treasury Services.
Also, Timothy Keaney will be named chief executive officer of Investment Services as BNY Mellon aligns its Asset Servicing, Corporate Trust, Depositary Receipts, Global Markets, Global Collateral Services, Broker Dealer Services, and Pershing businesses under his leadership. Keaney is currently Vice Chairman and chief executive of Asset Servicing. He will retain his Vice Chairman title.
As well, Brian Shea will be named president of Investment Services and head of BNY Mellon's Global Operations and Technology group. He will also continue in his role as chief executive of BNY Mellon's Pershing subsidiary and as head of Broker Dealer and Advisor Services.
Vice Chairman Curtis Arledge continues as chief executive of Investment Management, BNY Mellon's asset and wealth management businesses.
Peetz, Keaney and Arledge continue to report to Hassell. Shea will report to Hassell as head of Global Operations and Technology and to Keaney in his capacity as president of Investment Services.
"Each of these executives shares a common passion for putting clients at the center of our business strategy and for delivering excellence in all that we do," stated Hassell.
"Together, they will join me and our entire management team as we focus on enhancing revenue growth across all economic cycles, attracting and retaining the very best talent, and building upon BNY Mellon's 228-year history of industry leadership."