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BNY Mellon European chairman to step down

Veteran executive to retire after more than 30 years at custody and investment management giant before the end of the year

Michael Cole-Fontayn is to leave BNY Mellon after more than 30 years
Michael Cole-Fontayn is to leave BNY Mellon after more than 30 years Photo: company photograph

The chairman of BNY Mellon's European business is to leave after more than 30 years with the custody and investment management giant.

Michael Cole-Fontayn is to step down as executive vice president and chairman of Europe, the Middle East and Africa in December, according to an internal memo seen by Financial News.

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