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27 May 2014
New York
Reporter Tammy Facey

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BNY Mellon chooses Kardassis as new chair of enterprise

BNY Mellon has appointed Nikos Kardassis to oversee its enterprise product management group.

Kardassis will be responsible for developing product strategy across BNY Mellon’s four investment servicing platforms for asset owners and managers, insurance firms and financial intermediaries.

Kardassis will report to Tim Keaney, the vice chairman and CEO of investment services, and Samir Pandiri, executive vice president and CEO of asset servicing.

He joins from Jet Airways in India, where he was CEO.

Dan Wywoda, the former head of global product management for asset servicing, will report to Kardassis in a new role that will he him leading strategic programmes, with responsibility for major, complex projects key to asset servicing’s growth and development

Keaney commented on the hire: “Kardassis has more than two decades of leadership and business management experience and a record of driving innovative product development and profitability, which will serve us well as we shape the future of Investment services.”

“Wywoda has done outstanding work leading asset servicing’s global product management team the past six years, and we look forward to his continued guidance and expertise on strategic projects”, he added.

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