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Neal Named BNYM Markets Head

BNY Mellon has
appointed Michelle Neal as president of BNY Mellon Markets Group. 

As reported by Profit
& Loss
last week, Neal left Deutsche Bank, where she was global head of listed
derivatives, markets clearing and fixed income market structure.

Assuming her new role
on November 30, Neal will report to Curtis Arledge, vice chairman of BNY
Mellon.

The BNY Mellon Markets
Group helps clients access capital, financing and liquidity by providing a suite
of foreign exchange, securities finance, collateral management and segregation,
capital markets, liquidity and prime brokerage services.

Neal succeeds Kurt
Woetzel, who recently retired and as president of the Markets Group, she will
be based in New York.

“The Markets
Group’s extraordinary success demonstrates how well the Group’s extensive and
complementary capabilities align with the needs of investors in today’s
evolving market landscape,” says Arledge. “Michelle’s leadership
experience, especially as it relates to innovation in electronic trading and
her expertise across the entire spectrum of Markets Group activities make her
the perfect leader to continue to drive the Markets Group’s strong performance.”
 

Prior to Deutsche,
Neal held senior positions with Nomura International, Royal Bank of Scotland,
Fidessa LatentZero and Goldman Sachs. She began her career at MFS
Investment Management in an analyst capacity. Her senior management
responsibilities have included service as global head of electronic markets,
listed derivatives and prime services and COO of execution services; global
head of electronic markets and co-head of FICC prime services; director of
product development & professional services; and executive director, equities
electronic trading. 

Colin_lambert@profit-loss.com  Twitter @lamboPnL

Colin Lambert

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