BNY Mellon Poaches BAML Vet for CTO Role

BAML sales and trading tech chief jumps ship to custody giant.

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BNY Mellon has hired a trading technology veteran from Bank of America Merrill Lynch (BAML) to serve as its new CTO.

BNY Mellon

Sabet Elias, formerly the sales and trading CTO at BAML, will be based in New York and report into Bridget Engle, the custody giant’s chief information officer.

At BAML, according to his LinkedIn profile, Elias was responsible for “strategy, architecture, and a cross-asset platform that enables consistent risk and pricing calculations throughout the

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