BNY Mellon Names Sabet Elias in New Role as Chief Technology Officer

NEW YORK, Oct. 1, 2018 /PRNewswire/ -- BNY Mellon today announced the appointment of Sabet Elias in a new role as Chief Technology Officer (CTO). Mr. Elias will report to Bridget Engle, Senior Executive Vice President and Chief Information Officer. He will join the firm's Technology Executive Committee and be based in New York, effective today.

"Sabet is a talented technologist and brings to the bank a solid track record of building platforms. As we continue to shape our global technology agenda and improve resiliency, we need to add leadership talent with deep experience in technology to take us to the next level. Sabet has years of experience in financial services, plus deep management and technical expertise to help us navigate the future," said Ms. Engle.

Mr. Elias possesses more than 20 years of experience in building and operating global high-performance, mission-critical technology environments. He joins BNY Mellon from Bank of America where he was the Sales and Trading CTO for Global Banking & Markets, with responsibility for strategy, architecture and a cross-asset platform. Before that, Mr. Elias was the CTO responsible for infrastructure across multiple lines of business with accountability for technology architecture, design, build and operations. Prior to Bank of America, Mr. Elias was the CTO and Global Head of Electronic Trading Infrastructure at Citigroup, and prior to that the CTO at Lehman Brothers. Mr. Elias started his career at AT&T Bell Labs.

Notes to Editors:

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries. As of June 30, 2018, BNY Mellon had $33.6 trillion in assets under custody and/or administration, and $1.8 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

Contact:
Cheryl Krauss
+1 212 635 8176
[email protected]

Frank Pinto
+1 917 309 1065
[email protected]

SOURCE BNY Mellon

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