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BNY Names New Pershing Head in Business Restructuring
Yahoo Finance· 2026-01-27 17:59
Group 1 - BNY is restructuring its wealth solutions leadership by combining BNY Pershing with BNY Archer Managed Account Solutions [1][2] - Adam Vos, the current Global Head of Markets, will assume the newly created role of Global Head of Wealth Solutions, overseeing BNY Pershing and Archer Managed Account Solutions [2][4] - Jim Crowley, the current head of BNY Pershing, will transition to the role of Executive Vice Chair [2] Group 2 - Laide Majiyagbe, the Global Head of Liquidity, will take on the role of Global Head of Markets, managing BNY's Foreign Exchange, Fixed Income, Equities, Liquidity, and Financing and Execution Services businesses [3] - BNY CEO Robin Vince emphasized the importance of evolving leadership and structure to meet the changing wealth landscape [4] - Vos will oversee the Wove platform, a multi-custodial wealth management program launched in 2023 [4][5] Group 3 - The Wove platform has introduced new features, including an integrated view for investors, fixed-income portfolio management upgrades, and a unified management account tool [5] - Adam Vos has over two decades of experience in global capital markets, having previously worked at Deutsche Bank and the Bank of New Zealand [6]