BNY Mellon has appointed Emily Portney as chief financial officer, effective immediately.
Reporting to CEO Todd Gibbons, Portney replaces Mike Santomassimo following his departure from the bank.
In her new role, Portney will also join as a member of the executive committee.
She previously led the global client management, sales and services team for BNY Mellon Asset Servicing, and oversaw the Americas region of the firm’s asset servicing business.
Before senior leadership roles at BNY Mellon, Portney held the position of CFO at Barclays International, where she led a global organisation covering the corporate and investment bank, private bank, and payment business.
Gibbons commented: “Emily Portney is an accomplished and respected industry leader, with deep industry knowledge and connections to our client base.”
“She provides the critical business and client-centric perspective that the role of CFO requires, and will join the other members of the executive committee in executing on our strategy, which is centred on driving growth, increasing efficiency and scaling our operating model, and fostering a high-performance culture.”
Portney added: “I am honoured to serve as CFO of BNY Mellon. We have a strong balance sheet and a vibrant business, and we will continue to focus on quality and efficiency in our operating model to support growth and exceptional client experience.”
