BNY Mellon Investment Management, the self-described “multi-boutique” asset management arm of New York-based, NYSE-listed BNY Mellon, has named Olivier Cassin to the newly-created position of head of institutional distribution Europe.
Cassin, pictured, comes to BNY Mellon from Lyxor Asset Management, where he was head of UK and Ireland institutional sales, and head of consultant relations. Previous employers include bfinance, Paribas, JP Morgan and The World Bank.
Based in London, Cassin reports to Matt Oomen, head of international distribution.
At BNY Mellon, Cassin will “lead and manage” BNY Mellon Investment Management’s European institutional sales team, in London and across Europe, and will be responsible for developing relationships and business from institutional clients.
A company spokesperson said the role was created in order to strengthen to company’s centralised international distribution function and that it would “further provide local distribution capabilities for our investment boutiques”.
BNY Mellon Investment Management is one of the world’s largest investment management entities, with around US$1.7trn in assets under management. The parent company was founded in 2007 by the merger of the Bank of New York with Mellon Financial Corp, and at the end of June had assets under custody and/or administration of US$29.1trn.