Christopher Condron, president and chief operating officer of Mellon Financial Corporation, has resigned to join AXA Financial as president and chief executive.

Condron, who has been instrumental in building Mellon into a global investment brand in the last two years, is leaving to run another global institution. Condron, said: &quotI leave for this exciting new opportunity confident that Mellon has strong leadership and talent in place to continue to successfully execute its strategy.&quot