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Industry news

BNY Mellon Pershing appoints Umar Zaman as head of strategy


09 August 2023 UK
Reporter: Klea Neza

Generic business image for news article
Image: LinkedIn
BNY Mellon Pershing has hired Umar Zaman as head of strategy.

With Zaman’s career spanning more than 20 years, his new role will involve leading the development and executions of Pershing’s EMEA strategy.

Prior to this, Zaman has worked across global organisations, including large UK and European wealth and asset management firms and consultancies, where he led transformations and delivered solutions to build sustainable future capabilities.

He has held multiple senior leadership positions at PwC, EY and AXA Investment Managers. He joins BNY Mellon Pershing from Investec Wealth & Investments.

Cécile Nagel, head of Pershing EMEA, says: “[Umar’s] experience in leading complex transformations for wealth management across the UK and Europe will be invaluable for us and our clients.”

Commenting on his appointment via LinkedIn, Zaman says: “I look forward to working with the team and helping our clients achieve their ambitions.

“There is an increasing need for wealth and asset management firms to simplify complex operating models and invest in technology to differentiate their client service and achieve the scale required to meet their growth ambitions.”

In May, BNY Mellon Pershing appointed Colin Murphy as chief commercial officer for its EMEA business.
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