BNY Mellon’s Scharf Appoints New Digital Head

BNY Mellon has announced Roman Regelman as its new senior executive vice president and head of digital. Regelman will start his position on Sept. 17, reporting directly to the company’s Chairman and Chief Executive Officer, Charles W. Scharf. In addition, Regelman will join the firm’s Executive Committee, BNY Mellon’s senior-most governing body.

Regelman brings more than 25 years of experience in digital, operations and management consulting, and has launched several FinTech firms throughout his career. He was most recently a partner and managing director at Boston Consulting Group (BCG), where he served as co-leader of its Financial Institutions Digital business. In addition, he was employed at Booz & Company, where he helped drive its Transformation business in financial services. He is also a frequent author and commentator on leading financial services industry trends.

In his new role at BNY Mellon, Regelman will be in charge of the strategic direction for the company’s digital future, as well as investing in client and internal digital capabilities, including data management, analytics, artificial intelligence (AI), machine learning (ML) and robotics. He will also be tasked with creating a new global team across the company, developing the group and finding new talent to fill key positions.

“BNY Mellon is looking at new ways to provide services to our clients, and drive dramatically improved quality and efficiency. Roman is a digital transformation expert who will enable us to be bolder in our approach and more consistently find better solutions for our clients. He is passionate about finding new ways of working, and his deep knowledge of the financial services space will help us accelerate our growth,” Scharf said in a press release.

As a global investments company, BNY Mellon manages and services its clients’ financial assets throughout the investment lifecycle, delivering informed investment management and investment services in 35 countries. As of June 30, BNY Mellon had $33.6 trillion in assets under custody and/or administration, and $1.8 trillion in assets under management.


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