By Tess Stynes
Bank of New York Mellon Corp. (BK) unveiled streamling plans
that include a new markets group that combines its global markets,
global collateral services and prime services units.
Curtis Arledge, BNY Mellon's chief executive of BNY Mellon
Investment Management, will add oversight of the markets group to
his responsibilities. Kurt D. Woetzel, who currently heads the
collateral services business was named president of the markets
group.
BNY Mellon Investment Services will be led by Brian T. Shea,
currently investment services president, in addition to his role as
head of client service delivery and client technology
solutions.
Tim Keaney, vice chairman and CEO of Investment Services, said
he will be leaving the company to pursue other opportunities on
Sept. 30.
Chief Risk Officer Brian Rogan and CEO of Global Markets Art
Certosimo plan to retire at year end.
Write to Tess Stynes at tess.stynes@wsj.com
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