Hanneke Smits, chief executive at Newton Investment Management, will take over the reins as CEO of BNY Mellon Investment Management when Mitchell Harris retires on 1 October.
A new CEO for Newton IM has not yet been found, according to the firm, although Smits will remain at Newton until Harris leaves. Catherine Keating will remain in her role as CEO of BNY Mellon Wealth Management, and both she and Smits will report to CEO of BNY Mellon Todd Gibbons. Smits will also join BNY Mellon's executive committee. Gibbons said: "Mitchell has been instrumental in driving our investment management business over the last four years as CEO and we wish him all the best in retirement. During a period of tremendous change in the investment landscape, he helped reposition our...
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