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BNY reshuffles executive team to streamline wealth and markets divisions
Yahoo Finance· 2026-01-28 11:47
Management Realignment - BNY has announced a realignment of its top management to integrate wealth solutions and managed accounts services more closely [1] - Adam Vos will become the global head of Wealth Solutions, while Jim Crowley will serve as executive vice chair [1][2] - Laide Majiyagbe has been appointed global head of Markets and will join the executive committee [1] Leadership Responsibilities - Vos's new role will include oversight of BNY Pershing, the Wove platform, and BNY Archer Managed Account Solutions [2] - Crowley, as executive vice chair, will focus on maintaining and developing client relationships across various service areas [2] - Majiyagbe will oversee execution services, liquidity operations, financing, and global collateral activities for institutional clients [3] Company Performance - As of December 31, 2025, BNY reported $59.3 trillion in assets under custody or administration and $2.2 trillion in assets under management [4] - CEO Robin Vince emphasized the importance of evolving leadership and structure to meet the expanding wealth landscape [3][4]