BNY Mellon has appointed James Malgieri as chief executive officer of Broker-Dealer Services. Malgieri will report to Art Certosimo, senior executive vice president and head of Broker-Dealer and Alternative Investment Services at BNY Mellon.
Prior to joining BNY, Malgieri was a senior vice president in Lehman Brothers’ prime broker services business. Malgieri joined BNY Mellon in 2002, and previously held the position of executive vice president and head of product management for Collateral Management Services. He has over 25 years of industry experience, and was recently inducted as a Global Custodian Legend.
“Jim has been instrumental in driving growth and market share gains in our business, as well as delivering outstanding service to our clients during extremely challenging times,” said Certosimo. “Moving forward, we need a leader who understands the evolving needs of our clients and will drive the development of solutions that help them succeed. Jim is the ideal choice for that role.”