Colton-Grant will succeed Leo
Grohowski who retires at the end of the year; Chris Vella to lead Investor Solutions
NEW
YORK, Aug. 15, 2023 /PRNewswire/ -- BNY Mellon
[NYSE:BK] Wealth Management today announced the appointment of
Sinead Colton-Grant as Chief
Investment Officer, effective January 1,
2024. Colton-Grant will succeed Leo
Grohowski who has decided to retire at the end of this year.
Colton-Grant is based in New York
and reports to Catherine Keating,
Global Head of BNY Mellon Wealth Management.
Grohowski has been CIO of BNY Mellon Wealth Management for 16
years and has over four decades of asset and wealth management
industry experience. He played a pivotal role in shaping investment
strategy and execution, and successfully guided clients through
multiple business cycles.
With more than 25 years of investment experience, Colton-Grant
is currently Head of Investor Solutions at BNY Mellon and
previously was Deputy Chief Investment Officer and Head of Equities
for BNY Mellon Wealth Management. She joined BNY Mellon in 2012
through Mellon Capital where during her tenure she served in a
variety of senior investment roles. Prior to that, Colton-Grant
held senior roles at BlackRock and J.P. Morgan Asset
Management.
"We appreciate Leo's many contributions to our business, and
celebrate the deep talent bench he has built," said Keating. "As a
proven investment leader, Sinead is well-positioned to assume this
role and we look forward to building on the Investment team's
success."
As part of the transition, Chris
Vella, Chief Investment Officer for Investor Solutions, will
lead the Investor Solutions business. Prior to joining BNY Mellon,
Vella spent 20 years at Northern Trust Asset Management, including
as Chief Investment Officer of Multi-Manager Solutions overseeing
investment strategy, manager selection and portfolio
construction.
About BNY Mellon Wealth Management
For more than two
centuries, BNY Mellon Wealth Management has provided services to
financially successful individuals and families, their family
offices and business enterprises, planned giving programs, and
endowments and foundations. It has $286
billion in total client assets as of June 30, 2023, and an extensive network of
offices in the U.S. and internationally. BNY Mellon Wealth
Management, which delivers leading wealth advice across
investments, banking, custody, and wealth and estate planning,
conducts business through various operating subsidiaries of The
Bank of New York Mellon Corporation. For more information,
visit www.bnymellonwealth.com or follow us on Twitter
@BNYMellonWealth.
About BNY Mellon
Established in 1784, BNY Mellon is
America's oldest bank and the first company listed on the New York
Stock Exchange (NYSE: BK). Today, BNY Mellon powers capital markets
around the world through comprehensive solutions that help clients
manage and service their financial assets throughout the investment
life cycle. BNY Mellon had $46.9
trillion in assets under custody and/or administration and
$1.9 trillion in assets under
management as of June 30, 2023. BNY
Mellon has been named among Fortune's World's Most Admired
Companies and Fast Company's Best Workplaces for Innovators. BNY
Mellon is the corporate brand of The Bank of New York Mellon
Corporation. Additional information is available on
www.bnymellon.com. Follow us on LinkedIn or visit our Newsroom for
the latest company news.
Media:
Jennifer Casey
BNY Mellon Wealth Management
jennifer.casey@bnymellon.com
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SOURCE BNY Mellon Wealth Management