BNY Mellon Investment Management has appointed Hanneke Smits as CEO following the retirement of Mitchell Harris, effective 1 October.
Catherine Keating will continue in her role as CEO of BNY Mellon Wealth Management under the investment management business.
Both Smits and Keating will report to Todd Gibson, CEO of BNY Mellon, while Smits will also join the executive committee.
She currently holds the position of CEO at Newton Investment Management, a subsidiary of BNY Mellon, since 2016. Smits previously served as chief investment officer and member of the executive committee at Adams Street Partners, and non-executive director to the Court of the Bank of England.
Gibbons commented: “Mitchell Harris has been instrumental in driving our investment management business over the last four years as CEO and we wish him all the best in retirement.”
“We are delighted to elevate Hanneke Smits into the CEO role for investment management. Smits has spearheaded Newton's business momentum and client-centric culture, and we look forward to her leadership within BNY Mellon Investment Management.”
He continued: “Mitchell has cultivated a strong bench of leaders, including Hanneke and Catherine Keating, who will continue to drive the execution of our strategic priorities to deliver leading investment solutions to our clients underpinned by exceptional investment performance.”
Smits added: “I am deeply honoured to serve as CEO of BNY Mellon Investment Management. We have made great progress in building a diversified investment portfolio to help our clients achieve their investment goals.”
