BNY Mellon announces new European markets head

The appointment follows the retirement of BNY Mellon's 22 year veteran Richard Gill.

BNY Mellon has named Dan Watkins as the new head of its markets business for Europe, Middle East and Asia (EMEA).

He replaces Richard Gill who announced his retirement in January after serving over 22 years at the world’s largest custodian bank.

“Dan will play a central role in further optimising the Markets solution set to meet the evolving needs of clients. His diverse experience and deep understanding of the pressures and opportunities facing all market participants will be particularly valuable as we intensify our client focus,” said Michelle Neal, president of BNY Mellon Markets.

Watkins joined BNY Mellon in September last year as a strategy consultant, after serving various senior roles at JP Morhan, Jardine Fleming, and co-founding investment management fintech firm LatentZero.

The appointment of Watkins comes after BNY Mellon hired Jeff Leal, former global head of electronic markets for FX at UniCredit, to head its markets eFX business.

Gill served as EMEA head of markets from April last year, as well as co-heading the global FX trading business.