Bridget Engle Named New CIO Of BNY Mellon

Bridget Engle has been named Senior Executive Vice President and Chief Information Officer of BNY Mellon a global investments company which provides investment management and investment services in 35 countries and more than 100 markets with $30.6 trillion in assets under custody and/or administration, and $1.7 trillion in assets under management. Engle will take responsibility of the company's Client Technology Solutions group, which provides critical technology platforms and applications that support BNY Mellon's role as the leading provider of technology solutions to the financial markets. She will be responsible for setting the strategic direction and execution of the firm's technology agenda. This includes advancing the firm's NEXEN digital investment platform, investing in and integrating industry leading applications, accelerating its digital and agile development efforts, and attracting and developing top IT talent.

Engle has spent the past 30 years at companies like AT&T, Lehman Brothers, Barclays Capital, DTCC, and Bank of America. She will succeed Suresh Kumar, who has held the CIO role for over five years, and who will depart at the end of July.

BNY Mellon CEO noted, "Technology innovation is at the heart of what we do, and Bridget's leadership, proven industry expertise and her focus on aligning technology solutions to create value for clients will support our ambition to be the investment industry technology leader."

"I am excited to join an industry leader like BNY Mellon," said Engle. "I look forward to collaborating with partners across the firm to further advance the industry leading technology platforms and applications of BNY Mellon and develop the technology architecture for the future, to best serve clients and the financial markets."

A Forbes technology "Top Power Women" and listed in Crain's "100 Most Influential Women in New York," Engle's prior roles at Bank of America include Consumer Bank Chief Technology Officer, Chief Information Officer of Consumer Technology and Operations, and, most recently, Chief Information Officer of Bank of America's Global Banking and Markets businesses.

Peter High is President of Metis Strategy, a business and IT advisory firm. His latest book is Implementing World Class IT Strategy. He is also the author of World Class IT: Why Businesses Succeed When IT Triumphs. Peter moderates the Forum on World Class IT podcast series. He speaks at conferences around the world. Follow him on Twitter @PeterAHigh.