BNY Mellon expands currency administration team in London
James A Webb has been appointed to BNY Mellon Global Markets’ currency administration team in London.
Webb joins BNY Mellon from the currency management business of State Street Bank Europe.
Reporting to John Murray, London-based global head of sales for BNY Mellon’s currency administration business, Webb will be responsible as managing director for the development and growth of BNY Mellon’s currency administration business in Europe, the Middle East and Africa (EMEA).
Webb has worked in a number of industry segments during his 17-year career, including global markets, asset servicing, and asset management, carrying out responsibilities that included business analysis and risk, product development, operations management and sales and relationship management.
“Our growth as a provider of currency administration services reflects our focus on providing hedging services as a complement to the investment management and investment services relationships our clients have with BNY Mellon. That aspect of our business makes a seasoned professional with James’ extensive industry experience an especially valuable addition to our team,” says Ed McGann, managing director and global head of currency administration for BNY Mellon.
“BNY Mellon has a strong position in EMEA as a currency administration services provider to fund managers and pension plans. The addition of Jim makes our team even stronger and will help us meet our aggressive growth objectives,” says Murray.
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