BNY Mellon expands asset servicing team 12 August 2020New York Reporter: Becky Bellamy
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BNY Mellon has expanded its asset servicing team with the additions of Mark McKeon, Paul Kilcullen, Kenny King, Kevin Keefe and Cathy-Jo Reed.
The new recruits are set to help meet clients’ increasingly complex needs.
McKeon will join as global head of front-to-back solutions, based in Dublin. He will advance the bank’s open architecture strategy by expanding its asset servicing front-to-back solutions platform globally.
Previously, McKeon worked as global head of investment analytics at State Street.
Also based in Ireland, Kilcullen has been appointed as CEO of fund services DAC, effective September.
Joining from Citigroup, Kilcullen will be responsible for the management and profitability of BNY Mellon’s fund services operations in Ireland.
He brings extensive experience of the Irish Market and fund administration, transfer agency, middle office and trustee services.
Based in New York, King joins the bank as head of relationship management for alternatives in the Americas. He will focus on increasing the value delivered to clients and driving revenue growth.
He has spent the last 10 years working as regional head of the capital advisory group at J.P. Morgan.
Elsewhere, Keefe and Reed have joined as relationship managers within its investment manager segment.
Keefe is based in southern California and joins from First Allied Securities, where he worked as president and CEO.
Reed, who is based in Boston, joins from J.P. Morgan where she most recently served as executive director for investor services.
Roman Regelman, CEO of asset servicing and head of digital at BNY Mellon, said: “The asset servicing industry is rapidly evolving, with digital and new operating models playing increasingly important roles in how we meet our clients’ needs.”
Regelman added: “These individuals bring unique skills to the firm, and their diverse experience will be invaluable as we continue to create a more digital client experience and transform our asset servicing business into one that drives client-centric and global solutions, and is better informed through our data and analytics capabilities.”
BNY Mellon also recently hired Caroline Butler as global head of custody and Ben Slavin as head of exchange-traded funds.
Additionally, Daron Pearce was recently appointed to the newly created role of head of asset servicing strategic growth.
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