BNY Markets faces leadership restructure
10 March 2026 US, UK
Image: jirsak/stock.adobe.com
BNY has announced leadership transitions across its Wealth Solutions and BNY Markets.
Based in London, Nelius De Groot will take on expanded responsibilities as chief operating officer (COO) and head of Markets Hub.
Following more than two years with the bank, De Groot will take on the new roles in addition to his current position as head of Markets International.
The firm also reveals Jason Vitale, executive platform owner (EPO) and global head of Execution Services, will assume responsibility for BNY Markets’ Buy-Side Trading Solutions business.
Based in New York, Vitale will continue to lead the Execution Services platform to advance its growth plans and expand its capabilities.
Laide Majiyagbe, global head of Markets at BNY, says: “These strategic changes position BNY Markets well to continue driving growth globally, delivering innovative solutions for our clients, and building on the strong foundations that our teams have already established.”
To further align client platforms and support growth, BNY Markets will establish two newly formed and distinct platforms.
Nehal Udeshi will become EPO of the Securities Finance platform, while Clint Craft will become EPO of the Liquidity & Margin platform.
Vitale, De Groot, Udeshi and Craft will report directly to BNY’s Majiyagbe.
According to the firm, these leadership updates position BNY Markets to build on its strong foundation, enhance global coordination, and execute on its next phase of growth across trading, financing, and execution services.
Based in London, Nelius De Groot will take on expanded responsibilities as chief operating officer (COO) and head of Markets Hub.
Following more than two years with the bank, De Groot will take on the new roles in addition to his current position as head of Markets International.
The firm also reveals Jason Vitale, executive platform owner (EPO) and global head of Execution Services, will assume responsibility for BNY Markets’ Buy-Side Trading Solutions business.
Based in New York, Vitale will continue to lead the Execution Services platform to advance its growth plans and expand its capabilities.
Laide Majiyagbe, global head of Markets at BNY, says: “These strategic changes position BNY Markets well to continue driving growth globally, delivering innovative solutions for our clients, and building on the strong foundations that our teams have already established.”
To further align client platforms and support growth, BNY Markets will establish two newly formed and distinct platforms.
Nehal Udeshi will become EPO of the Securities Finance platform, while Clint Craft will become EPO of the Liquidity & Margin platform.
Vitale, De Groot, Udeshi and Craft will report directly to BNY’s Majiyagbe.
According to the firm, these leadership updates position BNY Markets to build on its strong foundation, enhance global coordination, and execute on its next phase of growth across trading, financing, and execution services.
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