BNY Mellon IM appoints chief economist
BNY Mellon Investment Management has appointed Shamik Dhar as chief economist, to conduct proprietary research and analysis, and develop economic commentary.
Dhar has over 30 years’ experience advising governments and institutions, with positions at the Bank of England, Aviva Investors, and several economic and financial consultancies.
He joined BNY Mellon IM from the UK government’s foreign and Commonwealth office, where he has been the chief economist since September 2014.
Mitchell Harris, chief executive officer of BNY Mellon, said the ability to arm investors with insightful guidance on the economic environment was vital and Dhar’s deep experience would provide clients with macroeconomic and investment perspective.
“The ability to take into account a changing global economy and market environment has never been more important as investors increasingly seek specialised investment advice and strategies for their specific goals,” Dhar said.
AUTHOR
Anastasia Santoreneos
Recommended for you
Iress has announced it will divest its superannuation business as the latest step in its transformation program, allowing it to focus on wealth management.
The corporate regulator has named its new chief executive, who is set to replace retiring interim CEO Greg Yanco in March.
Following the departure of its chief marketing officer last year, AMP has appointed a successor to take up the position with the appointment coming from the US.
The Financial Services Council has appointed Justine Earl-Smith as executive director for commercial partnerships and growth, a newly created role for the organisation.
