Curtis Arledge will join BNY Mellon as vice chairman of the corporation and chief executive officer of BNY Mellon Asset Management.
Arledge is expected to join the group in the fourth quarter of this year. He was the chief investment officer for the fundamental fixed income portfolios at BlackRock.
He has also served as co-head of US fixed income at BlackRock and has more than two decades of asset management and investment banking experience.
Once he has taken up his new role at BNY Mellon, he will report to Robert Kelly, the chairman and chief executive officer. He will also have executive leadership responsibility for the group’s wealth management business.
Mitchell Harris, who is serving as interim head of the asset management business, will continue in his role as chairman of BNY Mellon Asset Management’s fixed income, cash and currency group.