Pershing, a US-based subsidiary of BNY Mellon, has appointed Lisa Dolly as its new CEO, replacing Ron DeCicco.
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Dolly, who will assume her new role on 16 February 2016, has over two decades of career at Pershing. She is also a member of Pershing’s executive committee and BNY Mellon’s operating committee.
As part of the transition, DeCicco will serve as an executive advisor over the next year working closely with Dolly, Pershing’s executive committee and key clients.
Prior to becoming Pershing’s COO, Dolly held several leadership roles at Pershing where she worked for firm’s Managed Investment business and Lockwood Advisors managed global operations.
She also worked as chief administrative officer overseeing internal and operational functions.
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By GlobalDataBNY Mellon vice chairman and CEO of Investment Services Brian Shea said: "For the past three years, Lisa has been an exemplary chief operating officer and in her new role as Pershing’s CEO, I am confident that she will lead the company to continued success."
The company will also announce Dolly’s successor as COO in the coming weeks, Pershing said.
