The International Securities Services Association (ISSA) has elected Caroline Butler, global head of custody for BNY Mellon, to its board of directors.
Butler, who joined BNY Mellon in June, leads the product strategy and works with the key stakeholders across asset servicing and the entire firm.
ISSA chairman Phil Brown said Butler’s knowledge will be “invaluable”.
Brown added: “Caroline Butler takes over the position from Tom Casteleyn, to whom I would like to extend my heartfelt gratitude for his excellent work at the board over the past few years.”
Commenting on her appointment, Butler noted: "I am honoured to represent BNY Mellon at ISSA and have the opportunity to join forces with my fellow ISSA colleagues as we shape the future of our ever-evolving industry.”
ISSA, domiciled in Zurich, aims to facilitate and stimulate active communication among securities services providers, regulators and other industry stakeholders.
