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Deals and People December 1, 2009
BNY Mellon Turns to Cecere for Global Product Slot
December 1, 2009 (PLANSPONSOR.com) – BNY Mellon Asset Servicing has tapped James E. Cecere as managing director of Global Product Management for U.S. Financial Institutions.
Reported by Fred Schneyer
A
news release said Cecere will lead the group that drives BNY Mellon Asset
Servicing’s segment and product strategies for U.S. financial institutions,
including mutual funds, exchange-traded funds (ETFs), insurance companies, and
banks. Cecere
will be based principally in New York and reports to Dan Wywoda, BNY Mellon
Asset Servicing’s head of Global Product Management, the news release said.
Before joining BNY Mellon, Cecere most recently helped launch an investment
advisory firm focused on the foreign exchange market. Prior to that, he
was head of international operations for The Vanguard Group’s $19-billion
offshore funds complex, after having managed all banking relationships for the
asset management firm, as well as new product development.
Cecere
earned his MBA from Duke University.
“The financial institutions segment is a strategic focus for us and, as its
asset servicing needs continue to evolve, Jim will lead our efforts to expand
product reach, develop a global framework for high-growth products like ETFs,
and help clients adjust to a changing financial landscape,” said Wywoda, in the announcement.