By Andrew Welsch

There is a changing of the guard at the Bank of New York Mellon. The bank said Tuesday that Jim Crowley, global head of the bank's unit that provides custody services for wealth management firms and banks, will transition to executive vice chair of the parent company as part of a set of leadership changes.

Crowley has worked at the company for more than four decades and held a variety of leadership roles, according to his profile on the company website and LinkedIn.

Adam Vos, currently global head of markets at the bank and a member of its executive committee, will become global head of wealth solutions, a newly created role, according to the company. Vos will oversee BNY Pershing, which had $3 trillion in assets as of the end of the fourth quarter. Vos will also oversee the company's Wove technology platform as well as BNY Archer Managed Account Solutions, according to the company.

Vos has worked in financial services for more than two decades. Before joining BNY about 10 years ago, he worked at Deutsche Bank, according to BNY's website.

Laide Majiyagbe, currently global head of liquidity, will become global head of markets. She'll also join BNY's executive committee. In her new role, Majiyagbe will oversee the company's foreign exchange, fixed income and equities, liquidity and financing, and execution services businesses. The units serve institutional clients, including asset managers, asset owners, banks, and broker-dealers, the company said.

In 2021, Majiyagbe joined BNY from Goldman Sachs, where she had worked for 14 years.

Robin Vince, CEO of BNY, said the leadership changes will enable his company to better serve its customers. "Each of these leaders brings a unique set of skills, and their combined experience will help us raise the bar and fully leverage the scale and breadth of BNY's market-leading platforms to deliver for clients," Vince said in a statement.

In addition to custody and clearing, New York-based BNY provides an array of other services to institutional customers, including safekeeping of assets, fund accounting services, exchange-traded funds servicing, and technology solutions. Its investment management unit offers actively managed equity, fixed income, multi-asset and liability-driven investments. As of Dec. 31, 2025, the company had $59.3 trillion in assets under custody or administration.

Write to Andrew Welsch at andrew.welsch@barrons.com

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(END) Dow Jones Newswires

January 27, 2026 11:16 ET (16:16 GMT)

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