BNY Mellon has appointed Daron Pearce to a newly created global role as head of asset servicing strategic growth.
Pearce will focus on identifying and accelerating both inorganic and new market entry opportunities.
Most recently, Pearce served as head of asset servicing for Europe, the Middle East and Africa where he led a period of sustained growth in the region by improving revenue, profitability and client satisfaction.
He transitioned to the new role on 1 June, reporting to James Slater, global head of business solutions.
Pearce has been with BNY Mellon for almost 20 years and has served in a number of roles including CEO of global financial institutions, and head of asset servicing in the UK Ireland and Sub-Saharan Africa, among other roles.
Roman Regelman, head of asset servicing and digital at BNY Mellon, said: “Daron Pearce is known, trusted and respected by our clients and the industry. That and his deep expertise make him ideally suited for this critical new role,”
Regelman added: “He will focus on accelerating revenue growth on some of our key strategic initiatives and will support the development and application of our products and services into new markets globally.”
