Dean Sakati has been appointed to the newly created position of head of strategy and
business development for securities finance within BNY Mellon’s Global Collateral
Service business line.
In the new role Sakati is based in Boston and reports to Mike McAuley, managing
director of product and strategy for Securities Finance.
Sakati was most recently at Axopa, a buy side focused firm that supports relationships
between trading technologies; he was a founder of the company. Before this he was a
member of State Street Global Markets’ executive management group, where he was
chief strategy and administration officer.
Nadine Chakar, executive vice president and head of product development and strategy
for BNY Mellon’s Global Collateral Services business, says, “The scale of regulatory
and market change that we are seeing around the world means that we must continue to
invest and innovate to deliver new solutions both within the collateral space and across
the entire investment lifecycle.”