BNY Mellon Investment Management Names Harris as CEO

Feb 24 2016 | 9:57pm ET

BNY Mellon Investment Management has promoted Mitchell Harris to the post of chief executive officer.

Harris was previously president of the BNY Mellon unit and already held responsibility for the day-to-day oversight of the company's investment boutiques and wealth management business, according to a statement. He succeeds Curtis Arledge, who has left the firm to pursue other opportunities.  

Prior to joining BNY Mellon as CEO of its Standish investment boutique unit in 2004, Harris had a distinguished career in investment management and private banking spanning more than 30 years. 

Harris will report to Gerald Hassell, chairman and CEO of parent company BNY Mellon. His promotion is effective immediately, the company noted. 

"Mitchell has an impressive track record in the investment management industry, having led several successful firms during his career and most recently in overseeing our industry leading line-up of investment boutiques globally,” said Hassell in the statement. “He is well regarded across our client base, and I am confident he will lead our investment management business with great insight and success."

BNY Mellon is one of the largest wealth management organizations in the world, with $1.6 trillion in assets under management as of December 31, 2015. 

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