10 March 2017
London
Reporter: Stephanie Palmer

New head at the helm of BNY Mellon Markets


BNY Mellon has named Dan Watkins as its new head of BNY Mellon Markets in Europe, the Middle East and Africa (EMEA).

Watkins will succeed Richard Gill, who is set to retire this month. Watkins and Gill will work together for a time, in order to ensure a smooth transition.

In his new role, Watkins will oversee the growth of BNY Mellon Markets as regulatory and market structure changes lead to increased client demand.

Based in London, he will report directly to Michelle Neal president of BNY Mellon Markets, with regional accountability to Michael Cole-Fontayn, chair of BNY Mellon for EMEA.

Gill has been with BNY Mellon for over 20 years. He has also served of the Bank of England’s Foreign Exchange Joint Standing Committee since 2017, and has sat on the Advisory Council of the Fixed Income, Currencies and Commodities Markets Standards Board since 2015.

Watkins’s appointment is subject to approval under the UK Senior Managers and Certification Regime.

Neal commented: “Dan Watkins will play a central role in further optimising the markets solution set to meet the evolving needs of clients."

She added: “His diverse experience and deep understanding of the pressures and opportunities facing all market participants will be particularly valuable as we intensify our client focus.”

Cole-Fontayn said: “We would like to thank Richard Gill for his stellar contribution to BNY Mellon over the last 20 years,”

He added: “Under his leadership our EMEA Markets business has garnered a reputation for exceptional client quality and performance.”

More news
The latest news from Securities Lending Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
No further SFT regulations on the horizon, says European Commission
20 October 2017 | Paris | Reporter: Jenna Lomax
article synopsis 300 characters only so it fits to three lines. always add three periods to finish synopsis...
LEI compliance is non-negotiable, says ESMA
20 October 2017 | Paris | Reporter: Jenna Lomax
Steven Maijoor, chair of ESMA stated that there is no room for negotiation where legal entity identifiers are concerned
US appeals court dismisses US equity lending mismanagement case
20 October 2017 | Missouri | Reporter: Drew Nicol
Allegations of mismanagement of a securities lending programme brought by two US Bank pension beneficiaries was dismissed by the US Court of Appeals for the Eighth Circuit this week
Clearstream promises post-Brexit services continuity
19 October 2017 | London | Reporter: Jenna Lomax
Clearstream confirmed it will continue to offer stable custody services to its UK-based clients no matter how the Brexit negotiations evolve
EU commission lays down the law on MiFID II compliance
19 October 2017 | Brussels | Reporter: Jenna Lomax
Belgium, Malta, France, Greece, Luxembourg, Netherlands, Portugal, Spain and Sweden are among the 19 infringing member states due to face the commission’s wrath
Margin rules depress derivative contract terms, survey finds
19 October 2017 | Brussels | Reporter: Jenna Lomax
Only few changes were reported regarding credit terms and conditions with respect to non-centrally cleared OTC derivatives
AAOI and Euronav top FIS hot stocks lists
18 October 2017 | London | Reporter: Jenna Lomax
The Belgium-based operator of crude oil tankers and storage facilities, has been a regular feature on the list in the last month