Dan Watkins has been appointed head of BNY Mellon markets in Europe, the Middle East and Africa (EMEA).
In the role, Watkins is to oversee the growth of BNY Mellon markets which the firm says is required due to increased client demand in the face of ongoing regulatory and market structure changes.
He succeeds Richard Gill, who announced his retirement earlier this year, after two decades with the firm.
Michelle Neal, president of the firm’s markets division, said that Watkins diverse experience and understanding of the pressures facing market participants “will be particularly valuable as we intensify our client focus”.
Watkins joins from JP Morgan and also held a senior role at Jardine Fleming. He was a co-founder of an investment management fintech firm called LatentZero.
He has served on the Bank of England’s foreign exchange joint standing committee since 2007 and the advisory council of the fixed income, currencies and commodities markets standards board since 2015.
Watkins, who is based in London, will report to Neal, with regional accountability to Michael Cole-Fontayn, BNY Mellon’s EMEA chairman.
He will work alongside Gill until the end of the month to ensure a smooth transition. The formal appointment of Watkins is subject to regulatory approval under the UK senior managers and certification regime.
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