Jim Crowley, chief working officer at BNY Mellon's Pershing, will take over because the agency's chief government officer beginning in July. Crowley will exchange present CEO Lisa Dolly, who plans to tackle a boss place on the agency for the rest of 2019.
The 2 executives have labored carefully collectively lately, sharing an workplace. Dolly leaves Pershing after three many years on the agency, beforehand serving as its COO in 2013 earlier than being promoted to CEO in 2016. Pershing is just not releasing any particular info on the place Dolly is headed subsequent.
"We respect Lisa's want do one thing completely different after over 30 years at one agency, and we're grateful to her for her management and lots of contributions," stated Todd Gibbons, vice chairman and chief government officer of BNY Mellon's Clearing, Markets and Consumer Administration enterprise.
Crowley has additionally been at Pershing for many years, at one level in a job engaged on the ground of the New York Inventory Alternate. Through the years, he labored his solution to the place of chief relationship officer earlier than shifting to his present function as COO.
"A Pershing veteran of greater than 35 years, Jim brings to the function unmatched data of our shoppers, programs and operations. That is an thrilling time for Pershing as the corporate continues its funding to speed up development within the wealth administration and monetary advisory business," Gibbons stated in a press release.
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