BNY promotes 30 employees to managing director. See the full list of names here.
A woman walking in front of a BNY Mellon building.
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 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.
Through its various commercial lines, including custody and treasury services, it touches roughly 20% of investible assets worldwide.
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