Accomplished industry expert to contribute to growth of Markets business
NEW YORK, April 6, 2016 /PRNewswire/ -- BNY Mellon, a global leader in investment management and investment services, announced today that Piers Murray has joined the company as chief operating officer (COO) of the Markets business, effective June 15, 2016. Murray will be based in New York and report to Michelle Neal, president of BNY Mellon Markets.
Murray will succeed Regina Meredith-Carpeni whose distinguished and impactful career spanned nearly four decades at BNY Mellon in numerous leadership roles, including as one of the founders of Women's Initiatives Network (WIN) where she is currently co-chair.
"Piers joins the BNY Mellon team with a successful track record in global markets products and solutions," said Neal. "BNY Mellon Markets continues to be a significant growth segment for the bank, particularly as our clients look to navigate the changing regulatory and market landscape. Piers will be instrumental in helping to industrialize our platform and strengthen our core business. We are excited to have him join our team."
Murray was recently global co-head of Listed Derivatives & Markets Clearing at Deutsche Bank. Prior to this, he was global head of OTC Derivatives Clearing & Derivatives Prime Brokerage at the bank. From 1986 to 2012 he held a variety of roles at JP Morgan Chase in credit portfolio, credit risk management and OTC interest rate clearing. From 1988 to 1999 he worked in the bank's FX options business in London, Singapore and New York.
Murray, who holds a BA from Yale University and an MBA from New York University, has been a regular speaker at Futures Industry (FIA) events for the past six years and represented JP Morgan Chase at ABASA (American Bankers' Association Securities Association) from late 2010 through 2012.
BNY Mellon Markets
BNY Mellon Markets is one of the company's fastest growing businesses that helps clients access capital, financing and liquidity with a comprehensive suite of innovative solutions and services covering foreign exchange, securities finance, collateral management and segregation, capital markets, liquidity and prime brokerage services.
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 and more than 100 markets. As of Dec. 31, 2015, BNY Mellon had $28.9 trillion in assets under custody and/or administration, and $1.6 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/newsroom.
SOURCE BNY M