Gallagher, who was named on of GC’s 30 People to Shape the Future last year, has taken on a new role within the bank' s wider US investment bank business.
Responsibilities for JP Morgan's US custody and ETF product development will be taken on by the bank's head of global custody.
The appointment is the latest high-profile hire for BNY Mellon’s North America asset servicing business, where it is implementing a new look to the team.
BNY Mellon has poached State Street's former head of global client solutions to lead asset servicing sales in the Americas.
The new role will involve being responsible for helping drive China sales growth from Americas buy-side clients.
Burns will be responsible for overseeing client service and setting the strategic direction for its investment manager clients in the region.
The appointment is the latest for MUFG’s sales team following a senior managerial reshuffle.
The new division will focus on delivering cross-enterprise solutions and insights into the company’s global and most complex clients.
Deutsche Bank's GTB franchise is aiming to link its products with the wider investment bank and create synergies for North American clients.
The move is likely the first personal hire by Dan Houlihan in his new role running Northern Trust’s Americas asset servicing business.