BNY Mellon Asset Servicing has named Vince Sands as its deputy CEO and will report to Tim Keaney, the vice chairman and CEO of BNY Mellon Asset Servicing. Samir Pandiri will jump over from BNY Mellon Shareowner Services to replace Sands as head of the group's America's Asset Servicing business.
Additionally, Lou Maiuri was named the head of the firm's Global Financial Institutions business and will replace Nadine Chakar, who was tapped as Global Head of BNY Mellon's Derivatives360 business.
Finally, Hani Kablawi will take over as Head of EMEA Asset Servicing for Frank Froud, who is leaving the company.
"These changes will enable us to have a more focused and streamlined approach to building our business and delivering excellent client service in a rapidly changing economic environment," says Keaney.
More from Buy Side Technology
Updating your subscription status
Winner's Announced: Buy-Side Technology Awards 2014
The winners of the 8th annual Buy-Side Technology Awards 2014 were announced in London on November 7, recognizing the leading technologies and vendors in their area of expertise, through an auditable and transparent methodology . To view the winners across the 31 categories click here.
The catalyst for change in client reporting is a more empowered, digitally aware consumer. Excellence of service delivery will be key to investment managers...
Without a consistent source of data and limited functionalities in existing systems, firms are unable to perform tasks that are becoming increasingly important...