NEW YORK, May 8, 2019 /PRNewswire/ -- BNY Mellon has
appointed James ('Jim') T. Crowley as Chief Executive Officer of
BNY Mellon's Pershing ('Pershing'), effective July 1, 2019. Mr. Crowley, currently Pershing's
Chief Operating Officer, will report to Todd Gibbons, Vice Chairman and Chief Executive
Officer, Clearing, Markets and Client Management. He will
join BNY Mellon's Executive Committee.
During his career at Pershing, Crowley has worked in various
operating areas, including a role on the floor of the New York
Stock Exchange before leading marketing and business development.
Subsequently, he moved into relationship management, taking on
increasingly senior roles while building the firm's relationship
management team. Prior to his current role as Chief Operating
Officer, Crowley served as Pershing's Chief Relationship Officer,
working side-by-side with clients to help them build sustainable
and profitable businesses, serve their clients more effectively and
deliver an exceptional end-to-end experience.
"A Pershing veteran of more than 35 years, Jim brings to the
role unrivalled knowledge of our clients, systems and operations.
This is an exciting time for Pershing as the company continues its
investment to accelerate growth in the wealth management and
financial advisory industry," said Mr. Gibbons.
Crowley succeeds Lisa Dolly, who
will serve as Chairman of Pershing through year end. In this
capacity, she will act as an advisor to Crowley, assist in
onboarding significant new business, and will continue to work with
many of Pershing's most significant client relationships. Dolly
will continue to represent Pershing and BNY Mellon within the
financial services industry throughout this period.
"We respect Lisa's desire do something different after over 30
years at one firm, and we are grateful to her for her leadership
and many contributions. Lisa and Jim have worked closely
together for several years in both running the firm and in setting
the strategic direction. Given this history and partnership,
our clients can expect a seamless transition between now and the
end of the year," said Mr. Gibbons.
*****
ABOUT BNY MELLON'S PERSHING
BNY Mellon's Pershing and
its affiliates provide advisors, broker-dealers, family offices,
hedge fund and '40 Act fund managers, registered investment advisor
firms and wealth managers with a broad suite of global financial
business solutions. Many of the world's most sophisticated and
successful financial services firms rely on Pershing for clearing
and custody, investment and retirement solutions, technology,
enterprise data management, trading services, prime brokerage and
business consulting. Pershing helps clients improve profitability
and drive growth, create capacity and efficiency, attract and
retain talent, and manage risk and regulation. With a network of
offices worldwide, Pershing provides business-to-business solutions
to clients representing approximately 7 million investor accounts
globally. Pershing LLC (member FINRA, NYSE, SIPC) is a BNY Mellon
company. Additional information is available on pershing.com, or
follow us on Twitter @Pershing.
ABOUT BNY MELLON
BNY Mellon is a global investments
company dedicated to helping its clients manage and service their
financial assets throughout the investment lifecycle. Whether
providing financial services for institutions, corporations or
individual investors, BNY Mellon delivers informed investment
management and investment services in 35 countries. As of
March 31, 2019, BNY Mellon had
$34.5 trillion in assets under
custody and/or administration, and $1.8
trillion in assets under management. BNY Mellon can act as a
single point of contact for clients looking to create, trade, hold,
manage, service, distribute or restructure investments. BNY Mellon
is the corporate brand of The Bank of New York Mellon Corporation
(NYSE: BK). Additional information is available on
www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our
newsroom at www.bnymellon.com/newsroom for the latest company
news.
Contacts:
Media
Jennifer Hendricks Sullivan
+1 212 635 1374
jennifer.h.sullivan@bnymellon.com
Analysts
Magda Palczynska
+1 212 635 8529
magda.palczynska@bnymellon.com
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SOURCE BNY Mellon