BNY Mellon IM appoints chief economist

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BNY Mellon Investment Management (BNY Mellon IM) has appointed Shamik Dhar as chief economist, effective 1 October 2018.

With over 30 years’ experience advising governments and institutions, Dhar’s economic and capital market knowledge will bring a different perspective to BNY Mellon IM’s investment insights.

In the newly created role, Dhar will be responsible for conducting proprietary research and analysis, in order to develop economic commentary. He will act as the primary spokesperson for BNY Mellon IM on matters relating to global macroeconomics, geopolitics and capital markets.

He joins BNY Mellon IM from the UK government’s Foreign and Commonwealth Office, where he was chief economist since September 2014. In this role, he led a team of 16 macro-economists and advised ministers, senior officials and ambassadors on the economic landscape and implications of foreign policy, including Brexit.

He began his career as an Economic Assistant at HM Treasury, the UK government’s economic and finance ministry, and has since held senior positions at the Bank of England, Aviva Investors and a number of economic and financial consultancies.