NEW YORK, Jan. 12, 2017 /PRNewswire/ -- BNY Mellon, a
global leader in investment management and investment services,
announced today that Jeff McCarthy
has joined the company in the newly-created role of Chief Executive
Officer, Exchange Traded Funds, and will report to Frank LaSalla, Chief Executive Officer of BNY
Mellon's Global Structured Products and Alternative Investment
Services business.
"Jeff brings extensive experience in global exchange traded
funds platforms and trading markets," said LaSalla. "His deep
knowledge and track record of results in developing and delivering
on trade revenue expansion strategies for ETF's with a strong
emphasis on delivering strong partnership solutions will play a
critical role for BNY Mellon in serving a market that is likely to
at least double in size over the next 10 years."
In his role as CEO, Exchange Traded Funds, McCarthy will lead
and execute the long-term strategy to drive growth in BNY Mellon's
ETF business. As part of this mandate, he will play a critical role
in the successful enterprise-wide delivery of comprehensive ETF
solutions to the marketplace, and work to further develop
long-lasting partnerships for BNY Mellon in the ETF industry.
McCarthy joins from NASDAQ, where he was Vice President and Head
of Exchange Traded Product Listings & Trading, having led the
strategy and business execution of the Nasdaq Exchange Traded
Product Listing (ETP) and Trading Market. Prior to his role with
NASDAQ, McCarthy was Head of Global ETF Products and Co-Head of ETF
Trading & Investor Services in Asia
Pacific for Citigroup. Earlier in his career, McCarthy was
Global ETF Product Head for Brown Brothers Harriman & Co.,
where he created the firm's global ETF service model.
As an acknowledged thought leader on a wide range of ETF issues,
including global trends, product construction, distribution and
market development, McCarthy is frequently quoted by media on ETF
topics and speaks regularly at industry conferences. He holds a BA
in History and Business Studies from Providence College.
BNY Mellon
BNY Mellon is a global investments company dedicated to helping
its clients manage and service their financial assets throughout
the investment lifecycle. Whether providing financial services for
institutions, corporations or individual investors, BNY Mellon
delivers informed investment management and investment services in
35 countries and more than 100 markets. As of September 30, 2016, BNY Mellon had $30.5 trillion in assets under custody and/or
administration, and $1.72 trillion in
assets under management. BNY Mellon can act as a single point of
contact for clients looking to create, trade, hold, manage,
service, distribute or restructure investments. BNY Mellon is the
corporate brand of The Bank of New York Mellon Corporation (NYSE:
BK). Additional information is available on www.bnymellon.com.
Follow us on Twitter @BNYMellon or visit our newsroom at
www.bnymellon.com/newsroom for the latest company news.
Contact:
Cheryl Krauss
Office: +1 212-635-8176
Mobile: +1 917-783-0013
cheryl.krauss@bnymellon.com
Frank Pinto
Mobile: +1 917-309-1065
frank.pinto@bnymellon.com
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SOURCE BNY Mellon