BNY Mellon has named Sabet Elias in a new role as chief technology officer (CTO), effective today.
Based in New York, Elias will join the firm’s technology executive committee, and he will report to Bridget Engle, senior executive vice president and CIO.
Elias has more than 20 years of experience in building and operating global high-performance, mission-critical technology environments.
Most recently, Elias served as sales and trading CTO for global banking and markets at Bank of America, where he was responsible for strategy, architecture and a cross-asset platform.
Before that, Elias was the CTO responsible for infrastructure across multiple lines of business with accountability for technology architecture, design, build and operations.
Prior to Bank of America, Elias was the CTO and global head of electronic trading infrastructure at Citigroup, and he has also held the role of CTO at Lehman Brothers.
Engle commented: “Elias is a talented technologist and brings to the bank a solid track record of building platforms.”
“As we continue to shape our global technology agenda and improve resiliency, we need to add leadership talent with deep experience in technology to take us to the next level. Elias has years of experience in financial services, plus deep management and technical expertise to help us navigate the future.”
