Bank of New York Mellon promoted 30 employees to managing director, seeking to transform the bank by raising the standards for career advancement within the firm.
Founded by Alexander Hamilton, BNY Mellon holds $52.1 trillion in assets for financial firms and $333 billion for individual clients, impacting 20% of global investable assets.
This year, 25% of the new managing directors come from targeted growth locations outside the US, showcasing BNY's commitment to global expansion in key markets.
As CEO Robin Vince reduces the number of promotions to 30 from 44, the emphasis is on maintaining high standards in the company's leadership pipeline.
#bank-of-new-york-mellon #managing-director-promotions #global-expansion #financial-services #ceo-leadership
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