Deutsche Bank's head of electronic credit trading has left to take up a new role at BNY Mellon, the global custodian that appointed another of the German bank's executives as president of its markets business in 2015.

Dominic Holland left the German lender on June 1 and will join BNY Mellon, according to people familiar with the situation. Holland did not respond to a request for comment via LinkedIn. Details of his new role at BNY Mellon are not yet known.