BNY Mellon Hires Two Key Executives, Continuing Its Tech Focusbr>
BNY Mellon has hired Sabet Elias as its chief technology officer, a newly-created position.
Elias spent more than seven years in the same role for sales and trading within the global banking and markets division at Bank of America. Overall, he has ore than 20 years experience in trading technology, and was also formerly chief technology officer and global head of electronic trading infrastructure at Citigroup.
He will be based in New York and will report to senior executive vice president and chief information officer Bridget Engle at BNY Mellon.
“Sabet is a talented technologist and brings to the bank a solid track record of building platforms,” Engle commented. “As we continue to shape our global technology agenda and improve resiliency, we need to add leadership talent with deep experience in technology to take us to the next level.”
Last month, BNY Mellon appointed Roman Regelman as its head of digital, also a newly-created role.
Regelman joined the bank on September 17 and is responsible for establishing the direction of BNY Mellon’s digital future and investing in client and internal technologies such as artificial intelligence and machine learning.
Over the last year, BNY Mellon has increased its technology focus and investment in blockchain, big data and APIs.