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BNY Mellon appoints head of asset servicing for the Americas

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BNY Mellon has appointed Emily Portney as Head of Asset Servicing for the Americas, effective 1 October, 2018. Portney will report directly to Asset Servicing Chief Executive Officer, Hani Kablawi, and will be based in New York.

Portney will lead the company’s asset servicing business across in the US and Latin America, and oversee BNY Mellon’s interest in the CIBC Mellon Asset Servicing joint venture in Canada.
 
“I am delighted that Emily is joining BNY Mellon,” says Kablawi, CEO of Global Asset Servicing. “She is a seasoned executive with a depth of leadership experience across the financial services industry. Her broad industry insights, strategic thinking, and ability to transform businesses, combined with her client focus and commitment to developing organisational talent, will position us well to drive our business forward.”
 
Portney was most recently Chief Financial Officer for Barclays International, where she led a global Finance organisation spanning the Corporate and Investment Bank, the Private Bank, as well as the Cards and Payments businesses. Emily joined Barclays from Visa where she was the CFO of North America.
 
Prior to Visa, Portney spent 22 years at JP Morgan where she was the Global Head of Clearing and Collateral Management, a brokerage unit that provided agency execution, clearing, and collateral management services across derivatives and securities markets worldwide. She started with JP Morgan in NY in 1993, and performed various roles over the course of her career, including the CFO of Equities and Prime Services.
 
“I am excited to join an industry leader like BNY Mellon,” says Portney. “BNY Mellon’s clients are some of the most sophisticated investors in the world and the quality of those relationships are much admired in the market.  I am looking forward to partnering with our clients and my new colleagues to continue to drive our growth aspirations.”
 
Portney succeeds Dan Smith, who was appointed to a new role as Head of Asset Servicing Business Resiliency. 

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