BNY has recently made some significant changes to its top management in order to better align its wealth solutions and managed accounts services. These appointments are aimed at integrating these services more closely to enhance the overall client experience.
Adam Vos will be transitioning to the role of global head of Wealth Solutions, while Jim Crowley will be taking on the position of executive vice chair. Laide Majiyagbe has also been appointed as the global head of Markets and will be joining the executive committee.
Vos, who currently oversees global markets and is a member of the executive committee, will now have oversight of BNY Pershing, as well as the Wove platform and BNY Archer Managed Account Solutions. This move will bring these operations under a single leadership structure, allowing for more streamlined decision-making and coordination.
Crowley, who is currently the global head of BNY Pershing, will now be responsible for maintaining and developing client relationships across BNY’s various service areas. His role as executive vice chair will be crucial in ensuring that client needs are met and exceeded.
Majiyagbe, who is currently the global head of Liquidity, Financing, and Collateral at BNY, will now be in charge of execution services, liquidity operations, financing, and global collateral activities. These services cater to a wide range of institutional clients, such as asset managers, asset owners, banks, and broker-dealers globally.
BNY CEO Robin Vince expressed his confidence in the new leadership team, stating that each leader brings a unique set of skills that will help elevate BNY’s market-leading platforms. He emphasized the importance of evolving alongside clients as the wealth landscape continues to expand and evolve.
As of the end of 2025, BNY reported $59.3 trillion in assets under custody or administration, along with $2.2 trillion in assets under management. These numbers reflect the scale and breadth of BNY’s operations and the trust that clients place in the institution.
The reshuffling of BNY’s executive team to streamline its wealth and markets divisions is a strategic move that aims to better serve clients and adapt to changing market dynamics. This realignment will enable BNY to leverage its strengths and deliver exceptional value to its clients.
This article was originally published by Private Banker International, a GlobalData owned brand, and serves as a valuable source of information for industry professionals and stakeholders.
