Certosimo will succeed Richard Mahoney, who is retiring at the end of June as previously announced. He will report to Gerald Hassell, president of BNY Mellon.
Certosimo currently oversees hedge fund and derivatives servicing, securities clearance, collateral management and treasury services.
In his new role, Certosimo will lead the company’s foreign exchange, capital markets and derivatives trading businesses worldwide.
Certosimo serves as a member of the board of directors of DTCC, Promontory Interfinancial Network, CMET Finance Holdings and International Derivatives Clearing Group (IDCG). Prior to BNY Mellon in 1998, he held senior roles at Morgan Stanley and Chase Manhattan.
Brian Ruane, who is currently head of alternative investment services, will become CEO of alternative and broker-dealer services, reporting to Karen Peetz, vice chairman and CEO of financial markets & treasury services.
David Cruikshank, CEO of treasury services, who currently reports to Certosimo, will now report to Peetz.
