BNY Mellon’s Pershing has appointed Cécile Nagel as CEO of its Europe, Middle East and Africa (EMEA) business, effective October 2022.
Nagel will be responsible for growing the business, and creating new partnerships with financial institutions.
Nagel has extensive experience in driving growth and transformation in regulated industries, and is currently CEO of the European Central Counterparty (EuroCCP).
Prior to this, she served in several senior management roles at the London Stock Exchange Group.
Pershing provides financial business solutions, covering custody, clearing, settlement, and trading.
On her new role, Nagel says: “I am excited to join Pershing’s EMEA business at a critical time for our clients, who are grappling with complex challenges as a result of heightened market uncertainty and changes in the way people and organisations invest their wealth and manage their assets. These institutions already see Pershing as a trusted, long-term solutions provider, and that will not change. I look forward to meeting my new colleagues and building on an impressive growth story for the EMEA business.”
Jim Crowley, CEO of Pershing, comments: “Cécile has a demonstrable track record of leading successful, technology-enabled businesses and their people to deliver outstanding client service to financial institutions, safely and efficiently. Pershing in EMEA is in a genuine position of strength as the wealth, asset managers and banks we serve continue to undergo structural transformation in the way they deliver investment and advice to clients.”
