John Herlihy was named global head of institutional at BNY Mellon Investment Management as part of a reorganization of the firm’s global distribution team.
Mr. Herlihy is now responsible for managing the global institutional distribution effort across all client channels and regions. He is based in Boston, and was previously global chief operating officer and head of global partnered solutions at BNY Mellon Investment Management.
“We’ve undertaken a strategic review of our distribution organization, which resulted in a more simplified operating model,” said Kim Mustin, global distribution co-head, in a phone interview.
Added co-head Matt Oomen in the same interview: “There were some global functions and there were several regional positions. We installed co-heads where we see those regional differences important.”
Also as part of the change, Paul Sari was named co-head of global strategic accounts (Americas). He is based in New York and was head of North American strategic accounts.
The firm is seeking a co-head of global strategic accounts (international) to be based in London.
Cheryl Pipia was appointed co-head of global client engagement (Americas). She will coordinate business development requests for proposal and due diligence with the regional leadership of intermediary and institutional client service teams. Ms. Pipia is based in New York and was head of North American client engagement and business development.
The firm is seeking a co-head of global client engagement (international), to be based in London.
Michael Gordon was named global head of insurance solutions, while Joe Gennaco was appointed global head of boutique relations and consultant coordination, and Jake Walker was named COO, global distribution.
Mr. Gordon will oversee the firm’s global institutional insurance distribution efforts and specialty solutions businesses. He was head of retirement, insurance and strategic solutions for North America.
Meanwhile, Mr. Gennaco will oversee the coordination of boutique specialist efforts, oversee business management and reporting, and globally coordinate boutique investment consultant research coverage with institutional sales efforts. He is based in Boston and will report to Mr. Herlihy. He was head of boutique relations for North America.
Mr. Walker is responsible for business performance management, business intelligence and strategic execution for global distribution. He is based in New York and was COO of North America distribution.
All of the positions are new. With the exception of Mr. Gennaco, they will all report to Ms. Mustin, who is based in New York, and Mr. Oomen, who is based in London.
