BNY Mellon has appointed Piers Murray as chief operating officer (COO) of its Markets business, effective 15 June, 2016. Murray will be based in New York and report to Michelle Neal, president of BNY Mellon Markets.

Murray (pictured) will succeed Regina Meredith-Carpeni whose distinguished and impactful career spanned nearly four decades at BNY Mellon in numerous leadership roles, including as one of the founders of Women’s Initiatives Network (WIN) where she is currently co-chair.
 
“Piers joins the BNY Mellon team with a successful track record in global markets products and solutions,” says Neal. “BNY Mellon Markets continues to be a significant growth segment for the bank, particularly as our clients look to navigate the changing regulatory and market landscape. Piers will be instrumental in helping to industrialize our platform and strengthen our core business. We are excited to have him join our team.”
 
Murray was recently global co-head of Listed Derivatives & Markets Clearing at Deutsche Bank. Prior to this, he was global head of OTC Derivatives Clearing & Derivatives Prime Brokerage at the bank. From 1986 to 2012 he held a variety of roles at JP Morgan Chase in credit portfolio, credit risk management and OTC interest rate clearing. From 1988 to 1999 he worked in the bank’s FX options business in London, Singapore and New York.
 
Murray, who holds a BA from Yale University and an MBA from New York University, has been a regular speaker at Futures Industry (FIA) events for the past six years and represented JP Morgan Chase at ABASA (American Bankers' Association Securities Association) from late 2010 through 2012.