BNY Mellon Names New Alts. Services Chief

Mar 5 2014 | 11:54am ET

The Bank of New York Mellon has promoted Frank La Salla to lead its hedge fund administration business.

La Salla was named CEO of alternative investment services. Previously, he was managing director at BNY subsidiary Pershing, in charge of its global business and growth effort.

La Salla succeeds Samir Pandiri, who has led the alts. business for the past two years. Pandiri remains CEO of asset servicing.

At Pershing, La Salla’s responsibilities have been taken on by others. He remains on the board of its British affiliate.


In Depth

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Cash: An Asset In Adolescence

Aug 31 2017 | 3:34pm ET

If the investment industry has a rebellious teenager in the house today, that teenager...

 

From the current issue of