Retirement Industry People Moves

Pershing Names New COO

BNY Mellon’s Pershing, a provider of global financial business solutions, announced that Jim Crowley has been named the company’s new chief operating officer.

As a member of the Pershing executive committee and BNY Mellon’s senior leadership team, Crowley will continue to be directly involved in setting the strategic direction of the firm.

During his tenure at the firm, Crowley has served various operations roles including one at the New York Stock Exchange. He’s also led the marketing and business development efforts for Pershing’s fixed income business. Furthermore, he’s experienced in relationship management, having assumed various roles in building Pershing’s broker-dealer global relationship management team. He most recently served as the company’s chief relationship officer. Since 1988, he has served on the Securities Industry Institute Board of Trustees, where he served as chair between 2007 and 2009.

“We are very pleased to announce that Jim will be assuming a new role as our chief operating officer,” says Lisa Dolly, Pershing’s chief executive officer. “We believe the client experience is driving business decisions today, and will into the next generation. Jim has been working closely with our clients to understand their needs, and his leadership will help us to continue to deliver solutions that empower our clients and improve the overall experience.”

BNY Mellon’s Pershing and its affiliates provide advisers, broker-dealers, registered investment adviser (RIA) firms and more with a suite of global business solutions.

NEXT: T. Rowe Price Hires Director of Responsible Investing

T. Rowe Price Hires Director of Responsible Investing

Maria Elena Drew has joined T. Rowe Price as the firm’s director of research for responsible investing. Drew will aim to widen the firm’s scope on environmental, social, and governance (ESG) considerations, while contributing to the ongoing incorporation of ESG analysis into the firm’s investment decisions.

She will partner with Donna Anderson, head of corporate governance. She will also work closely with T. Rowe Price’s investment teams to develop and integrate an ESG framework across geographies and asset classes.

She is based in London.

Drew comes to T. Rowe Price from Goldman Sachs Asset Management, where she worked for nine years as an equity analyst, portfolio manager, and ESG specialist. Prior to that, she served various research analyst roles. Drew is a graduate of Smith College with more than 20 years of experience in the investment industry.

“Environmental, social and governance factors are important in any comprehensive investment research process,” says Rob Sharps, group chief investment officer and co-head of global equity. “We’re pleased to have someone of Maria Elena’s caliber and experience on our team to further develop and integrate ESG considerations into our investment process.”

NEXT: Allianz Names U.S. Investment Strategist