(Reuters) - Bank of New York Mellon Corp (BK.N) on Monday named interim head Thomas Gibbons as chief executive officer, effective immediately.
“The Board conducted a comprehensive search process over a number of months, and we concluded he is the right person for the job,” Chairman Joseph Echevarria said.
Before Gibbons was named interim head in September, he led BNY Mellon’s clearing, markets and client management - businesses that represented about half of the bank’s earnings, the company said.
Prior to that, he was BNY Mellon’s chief financial officer for nine years.
Reporting by Bharath Manjesh in Bengaluru; Editing by Saumyadeb Chakrabarty