Oliver Wyman partner becomes CRO of BNY Mellon
Global investments company BNY Mellon has appointed James Wiener as Senior Executive Vice President and Chief Risk Officer. Wiener joins BNY Mellon from Oliver Wyman, where he was Partner and Head of the North American Public Policy Practice, and starts his new job on 24 November 2014.
BNY Mellon is a global investment management and investment services provider that helps clients manage and service their financial assets throughout the investment lifecycle. The firm serves institutions, corporations and individual investors in 35 countries and more than 100 markets.
Recently, BNY Mellon appointed James Wiener as Senior Executive Vice President and Chief Risk Officer, as of 24 November 2014. At BNY Mellon, Wiener will lead the global Risk and Compliance Group. Wiener will oversee the compliance and credit, operational and market risk functions, and will continue to build the firm’s risk management capabilities, such as including integrating enterprise risk data, reporting, analytics, modelling and strategy efforts. In addition to his new role as Senior Executive VP and CRO, Wiener will serve on the Executive Committee.
Wiener will succeed retiring Brian Rogan and report to BNY Mellon’s Chairman and Chief Executive Officer Gerald Hassell and the Risk Committee of the Board of Directors. “Jim's deep and wide-ranging experience provides him with a unique understanding of the risk management requirements and expectations of the public and private sectors. He will provide our company with strong leadership, counsel and vision in the on-going management of our compliance and credit, operational and market risk areas,” says Hassell.
Wiener will join NBY Mellon from consulting firm Oliver Wyman, where he leaves as Partner and Head of the North American Public Policy Practice and member of the firm's management committee. In his role he has focussed on providing strategic advice on organic and inorganic growth strategies and financial and risk management issues. Prior to this he held several other senior roles including Senior Partner and Leader of the North American Finance and Risk Management Practice. Wiener joined Oliver Wyman in 1994 after graduating with a PhD in Physics from Princeton University. Wiener also has a BA in Physics from the University of Pennsylvania.
