NEW YORK, Aug. 15, 2023 /PRNewswire/ — BNY Mellon [NYSE:BK] Wealth Management today announced the appointment of Sinead Colton-Grant as Chief Investment Officer, effective January 1, 2024. Colton-Grant will succeed Leo Grohowski who has decided to retire at the end of this year. Colton-Grant is based in New York and reports to Catherine Keating, Global Head of BNY Mellon Wealth Management.
Grohowski has been CIO of BNY Mellon Wealth Management for 16 years and has over four decades of asset and wealth management industry experience. He played a pivotal role in shaping investment strategy and execution, and successfully guided clients through multiple business cycles.
With more than 25 years of investment experience, Colton-Grant is currently Head of Investor Solutions at BNY Mellon and previously was Deputy Chief Investment Officer and Head of Equities for BNY Mellon Wealth Management. She joined BNY Mellon in 2012 through Mellon Capital where during her tenure she served in a variety of senior investment roles. Prior to that, Colton-Grant held senior roles at BlackRock and J.P. Morgan Asset Management.
“We appreciate Leo’s many contributions to our business, and celebrate the deep talent bench he has built,” said Keating. “As a proven investment leader, Sinead is well-positioned to assume this role and we look forward to building on the Investment team’s success.”
As part of the transition, Chris Vella, Chief Investment Officer for Investor Solutions, will lead the Investor Solutions business. Prior to joining BNY Mellon, Vella spent 20 years at Northern Trust Asset Management, including as Chief Investment Officer of Multi-Manager Solutions overseeing investment strategy, manager selection, and portfolio construction.
About BNY Mellon Wealth Management
For more than two centuries, BNY Mellon Wealth Management has provided services to financially successful individuals and families, their family offices and business enterprises, planned giving programs, and endowments and foundations. It has $286 billion in total client assets as of June 30, 2023, and an extensive network of offices in the U.S. and internationally. BNY Mellon Wealth Management, which delivers leading wealth advice across investments, banking, custody, and wealth and estate planning, conducts business through various operating subsidiaries of The Bank of New York Mellon Corporation. For more information, visit www.bnymellonwealth.com or follow us on Twitter @BNYMellonWealth.
About BNY Mellon
Established in 1784, BNY Mellon is America’s oldest bank and the first company listed on the New York Stock Exchange (NYSE: BK). Today, BNY Mellon powers capital markets around the world through comprehensive solutions that help clients manage and service their financial assets throughout the investment life cycle. BNY Mellon had $46.9 trillion in assets under custody and/or administration and $1.9 trillion in assets under management as of June 30, 2023. BNY Mellon has been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available at www.bnymellon.com. Follow us on LinkedIn or visit our Newsroom for the latest company news.
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