BNY Mellon, a global leader in investment management and investment services, has appointed a new Chief Executive Officer of the company's Investment Management business.
The firm said that with immediate effect Mitchell Harris, who already had responsibility for the day-to-day oversight of the company's investment boutiques globally and wealth management business, is the new CEO of Investment Management. Harris will report to Gerald L. Hassell, BNY Mellon's chairman and CEO.
With $1.6 trillion in assets under management BNY Mellon Investment Management is one of the world's leading investment management organizations and one of the top U.S. wealth managers.
Harris succeeds Curtis Arledge, who led the company's Investment Management business and Markets Group and has decided to pursue other opportunities outside of the company.
Seasoned Wealth Manager
Harris, most recently president of BNY Mellon Investment Management, joined BNY Mellon in 2004 and has had a distinguished career in investment management and private banking spanning more than 30 years. Harris was also the CEO of Standish, a BNY Mellon investment boutique, from 2004 to 2009. He joined Standish from Pareto Partners, where he served as chief executive officer from 2000 to 2004 and as chairman from 2001.
«Mitchell has an impressive track record in the investment management industry, having led several successful firms during his career and most recently in overseeing our industry leading line-up of investment boutiques globally,» said Hassell.
Michelle Neal, president of the Markets Group, who reported to Arledge, will report to Hassell, effective immediately. In her role, Neal leads the company's foreign exchange, securities finance, collateral management, and capital markets businesses.
BNY Mellon Investment Management encompasses BNY Mellon's affiliated investment management firms, wealth management services and global distribution companies.
