BNY Mellon has announced several role changes in its financial markets and treasury services (FMTS) group. Eric Kamback, previously chief executive officer (CEO) of BNY Mellon Treasury Services, is now serving as CEO of Corporate Trust. J David Cruikshank, previously head of global sales and relationship management for BNY Mellon Treasury Services, is now CEO of BNY Mellon Treasury Services. Scott Posner, previously CEO of corporate trust, has moved to a new role as head of strategic growth initiatives for BNY Mellon’s Alternative, broker-dealer and treasury services (ABTS) businesses.
In their new roles, Cruikshank and Posner are reporting to Art Certosimo, senior executive vice president (EVP) and CEO of BNY Mellon’s ABTS businesses. Kamback is reporting directly to Karen Peetz, vice chairman and CEO of the FMTS group.
In addition, as part of these changes, Al Briand has been appointed chief administrative officer for the corporate trust business, moving from treasury services, where he served as head of global product management and strategic development. Briand will continue to report to Kamback.
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