BNY Mellon has appointed Sabet Elias to the new role as Chief Technology Officer (CTO). Mr. Elias will report to Bridget Engle, Senior Executive Vice President and Chief Information Officer. He will join the firm’s Technology Executive Committee and be based in New York, effective today.

“Sabet is a talented technologist and brings to the bank a solid track record of building platforms. As we continue to shape our global technology agenda and improve resiliency, we need to add leadership talent with deep experience in technology to take us to the next level. Sabet has years of experience in financial services, plus deep management and technical expertise to help us navigate the future,” said Ms. Engle.

Mr. Elias possesses more than 20 years of experience in building and operating global high-performance, mission-critical technology environments. He joins BNY Mellon from Bank of America where he was the Sales and Trading CTO for Global Banking & Markets, with responsibility for strategy, architecture and a cross-asset platform. Before that, Mr. Elias was the CTO responsible for infrastructure across multiple lines of business with accountability for technology architecture, design, build and operations. Prior to Bank of America, Mr. Elias was the CTO and Global Head of Electronic Trading Infrastructure at Citigroup, and prior to that the CTO at Lehman Brothers. Mr. Elias started his career at AT&T Bell Labs.