The Bank of New York today announced that Steven Pisarkiewicz will join the Bank on 19 May as executive vice president and head of BNY Asset Management. Pisarkiewicz will report to Thomas A. Renyi, chairman and chief executive officer.
Pisarkiewicz joins Bank of New York from AllianceBernstein, where he was chief investment officer of structured equity services, and senior portfolio manager and member of the Investment Policy Group for value equities.
In prior roles, he served as managing director for Bernstein’s
private
client
and
institutional
asset management businesses.
Pisarkiewicz received a B.S. from the University of Missouri and an M.B.A. from the University of California at Berkeley.
“Steve’s proven investment product and portfolio management expertise will be invaluable as we continue to broaden our product offerings and grow this core business,” says Renyi.
“In recent years, we have expanded our asset management business with the addition of some of the industry’s leading alternative investment, fixed income and value management firms.
We are pleased to have Steve join us in this key leadership role as we continue to deliver high value-added services to clients.”
Pisarkiewicz will oversee the Bank’s asset management group, which offers
corporations,
nonprofit
organizations and high net-worth individuals and families a broad range of equity, fixed-income and alternative investment products. With more than $76 billion in assets under management, the Bank is one of the largest investment managers in the United States, and, with its affiliates, offers investment services throughout the United States, London, Hong Kong, and Taipei.
Pisarkiewicz’s appointment coincides with the planned 31 May retirement of the Bank’s senior executive vice president for Asset Management and Private Client Services, Newton P.S. Merrill. The current head of Private Client Services, Lee C. Wortham, executive vice president, will also report to Renyi. Kevin Bannon, executive vice president, continues as chief investment officer, reporting to Pisarkiewicz.