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]

Core Insights - BNY is restructuring its executive leadership to enhance its Wealth Solutions business, integrating BNY Pershing and BNY Archer Managed Account Solutions to better serve advisors and institutions [1][2] Leadership Changes - Adam Vos will transition from Global Head of Markets to Global Head of Wealth Solutions, overseeing BNY Pershing and the Wove platform, aiming for improved client service through better coordination [2] - Jim Crowley, previously Global Head of BNY Pershing, will take on the role of Executive Vice Chair, focusing on client relationship expansion across BNY's platforms [3] - Laide Majiyagbe will move from Global Head of Liquidity to Global Head of Markets, joining the Executive Committee and overseeing various institutional client services [4] Company Overview - BNY is a global financial services platform with over 240 years of experience, serving more than 90% of Fortune 100 companies and nearly all top 100 banks globally [5] - As of December 31, 2025, BNY manages $59.3 trillion in assets under custody and/or administration and $2.2 trillion in assets under management [5]