BNY Mellon Alternative Investment Services (AIS), the hedge fund service provider, has named Alan Flanagan as head of global product management. He will continue to be based in Dublin and reports to Brian Ruane, CEO of BNY Mellon AIS.
“Alan will lead a global team focused on leveraging and integrating capabilities across our business from administration and risk reporting to cash and collateral management, says Ruane. New offerings like prime custody and rising demand for middle-office outsourcing will also drive growth in the years ahead.
Since June, Flanagan has served as interim head of AIS global product management, while continuing in his role managing the group’s private equity administration product set. He also was primary lead for the European integration of the PNC Global Investment Servicing business, acquired by BNY Mellon in July 2010, and has been a key player in developing plans for the BNY Mellon and GIS banking entities in Ireland and Luxembourg.
Flanagan assumes the role previously held by Rick Stanley, who was named executive vice president of BNY Mellon’s Global Structured Finance Group last June. Flanagan, a member of the Institute of Chartered Accountants in Ireland, joined BNY Mellon in 2008.