London
08 March 2017
Reporter: Stephanie Palmer

New head at the helm of BNY Mellon Markets


BNY Mellon has named Dan Watkins as its new head of BNY Mellon Markets in Europe, the Middle East and Africa (EMEA).

Watkins will succeed Richard Gill, who is set to retire this month. Watkins and Gill will work together for a time, in order to ensure a smooth transition.

In his new role, Watkins will oversee the growth of BNY Mellon Markets as regulatory and market structure changes lead to increased client demand.

Based in London, he will report directly to Michelle Neal president of BNY Mellon Markets, with regional accountability to Michael Cole-Fontayn, chair of BNY Mellon for EMEA.

Gill has been with BNY Mellon for over 20 years. He has also served of the Bank of England’s Foreign Exchange Joint Standing Committee since 2017, and has sat on the Advisory Council of the Fixed Income, Currencies and Commodities Markets Standards Board since 2015.

Watkins’s appointment is subject to approval under the UK Senior Managers and Certification Regime.

Neal commented: “Dan Watkins will play a central role in further optimising the markets solution set to meet the evolving needs of clients."

She added: “His diverse experience and deep understanding of the pressures and opportunities facing all market participants will be particularly valuable as we intensify our client focus.”

Cole-Fontayn said: “We would like to thank Richard Gill for his stellar contribution to BNY Mellon over the last 20 years,”

He added: “Under his leadership our EMEA Markets business has garnered a reputation for exceptional client quality and performance.”

More news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Murex to run MX.3 platform on AWS cloud
13 December 2017 | Paris | Reporter: Becky Butcher
Murex has collaborated with Amazon Web Services to allow its clients to deploy, test and optimise its MX.3 platform on the cloud
Northern Trust appoints Edwin Chan
13 December 2017 | London | Reporter: Becky Butcher
Edwin Chan has joined Northern Trust to head up sales across the alternatives fund sector in Europe, the Middle East and Africa
Firms remain open to exposures from manual processes
13 December 2017 | New York | Reporter: Becky Butcher
Only 2 percent of capital markets companies have a fully automated compliance support programme, leaving firms open to risk from manual processes, according to a survey by Aite Group and Cordium
Oslo Connect receives regulatory upgrade
12 December 2017 | Stockholm | Reporter: Becky Butcher
Baymarkets Technology is to upgrade Oslo Børs’s OTC system, Oslo Connect, to support regulatory demands such as those under the second Markets in Financial Instruments Directive (MiFID II)
Italian custody win for BNP Paribas
12 December 2017 | Milan | Reporter: Jenna Lomax
BNP Paribas will provide Sara Assicurazioni with global custody services for €1.3 billion in Italian and foreign assets
Fundsquare and i-Hub bring KYC service to funds
12 December 2017 | Luxembourg | Reporter: Becky Butcher
Fundsquare and i-Hub have signed a commercial partnership for the introduction of i-Hub’s know-your-customer (KYC) platform to the funds industry
Zedra hires Lisa Tan
12 December 2017 | Singapore | Reporter: Becky Butcher
Zedra has appointed Lisa Tan as head of corporate services, based in the firm’s Singapore office
More news