Doug Magnolia

Doug Magnolia

Managing Director
BNY Mellon

About Doug Magnolia

Doug Magnolia has over 30 years' experience in banking and capital markets in New York and London.

He is currently a managing director at BNY Mellon in the Investment Services group. He looks after a few important, emerging opportunities for the Company, both in Fintech and digital solutions. Specifically, he is the CEO and co-founder of Sumday Administration, LLC, a wholly owned subsidiary of BNY Mellon. Doug is also an Advisor to Fintech Collective, a New York-based early stage VC.

Prior to that he was working in a Strategy role for the Investment Management division focusing on digital transformation and retail solutions. Earlier he worked in the Office of The President looking at longer-term strategic opportunities for the company as a whole. Prior to that Doug was President and CEO of QSR Management, Ltd., a wholly owned subsidiary of BNY Mellon; he remains on the board of Directors. While leading QSR, Doug was able to capitalize on QSR’s unique expertise during the financial crisis in 2007/08 enabling QSR to play an instrumental role in a number of financial stability programs, notably as the Financial Agent for the U.S. Treasury TARP program, PPIP and for the N.Y. Federal Reserve Bank’s TALF and Maiden Lane II & III programs. Douglas has been involved with the Structured Credit market since the late 90’s. Prior to that he worked in different areas from Syndicated Lending to International Project Finance; concentrating on new products and business development, his entrepreneurial strengths have enabled him to develop and build several successful business lines.

Doug holds a B.A. in Economics from the University of Massachusetts at Amherst.

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