BNY Mellon, a global asset management group and provider of corporate trust services, has appointed Piers Murray as its newest Chief Operating Officer (COO) of its markets business, according to a BNY statement.
Mr. Murray will step into his new role in June, and will be based out BNY Mellon’s New York office, where he will report to Michelle Neal, the President of BNY Mellon Markets. Mr. Murray will also be succeeding longtime BNY executive Regina Meredith-Carpeni, who has spent upwards of four decades with the firm.
He joins BNY Mellon from Deutsche Bank, having worked in a number of roles since 2012 – this includes such positions as its Global Co-Head of Listed Derivatives & Markets Clearing and Global Head of OTC Derivatives Clearing & Derivatives Prime Brokerage.
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Prior to Deutsche Bank, he spent the entirety of his professional career with JPMorgan, working across multiple channels and operations at the lender. He has held positions as its Vice President, FX Options Trading, Managing Director, Credit Portfolio Trading and Global Credit Risk, as well as OTC Interest Rate Clearing, part of a lengthy career dating back to 1988.
According to Ms. Neal in a recent statement on the appointment: “Piers joins the BNY Mellon team with a successful track record in global markets products and solutions. 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.”
BNY Mellon recently made another senior hire to its team last month, culminating in the elevation of Tom Ahern as its Head of its Corporate Trust business across Europe, the Middle East, and Africa (EMEA). Mr. Ahern stepped into his new role seven years in BNY’s Corporate Trust space.