BNY announced it has made a series of executive leadership changes designed to further align its businesses and accelerate growth in its Wealth Solutions and managed accounts strategy, bringing more of its wealth and advisor-facing capabilities under a single leader.
Adam Vos, currently Global Head of Markets and a member of BNY’s Executive Committee, will become Global Head of Wealth Solutions. In the newly created role, Vos will oversee BNY Pershing, including the Wove platform, along with BNY Archer Managed Account Solutions. BNY said consolidating those businesses under one leader is intended to improve coordination, strengthen client service, and support more scalable, end to end offerings for advisors and institutions across the wealth ecosystem.
As part of the changes, Jim Crowley, currently Global Head of BNY Pershing, will become Executive Vice Chair. BNY said Crowley will focus on strengthening and expanding client relationships across BNY’s platforms, building on his tenure leading Pershing and his long-standing industry relationships.
Laide Majiyagbe, currently Global Head of Liquidity, Financing and Collateral, will become Global Head of Markets and join BNY’s Executive Committee. In that role, Majiyagbe will oversee BNY’s Execution Services, Liquidity, Financing and Global Collateral businesses, which serve institutional clients including asset managers, asset owners, banks, broker-dealers, and other financial institutions worldwide.
BNY said the leadership moves reflect its view that the wealth landscape is expanding and evolving, and that its structure needs to evolve alongside client needs. The company positioned the changes as a way to better leverage the scale and breadth of its platforms, particularly as wealth firms look for more integrated technology, custody, and managed account capabilities.
BNY is the corporate brand of The Bank of New York Mellon Corporation. The company said that as of December 31, 2025, it oversaw $59.3 trillion in assets under custody and or administration and $2.2 trillion in assets under management.
KEY QUOTE:
“Each of these leaders brings a unique set of skills, and their combined experience will help us raise the bar and fully leverage the scale and breadth of BNY’s market-leading platforms to deliver for clients. As the wealth landscape continues to expand and evolve, it’s important that our leadership and structure evolve alongside our clients.”
Robin Vince, CEO of BNY
