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BNY Names EVP / COO, a New Position

June 11, 2012
[ by Melanie Gretchen ] BNY Mellon appointed Edward Watson to the new position of EVP and chief operations officer (COO).  Prior to joining BNY Mellon, Mr. Watson, 51, served as EVP for operations, technology and general services for Fannie Mae. In his new role, Mr. Watson will join the firm's global Operating Committee, and will report to Kurt Woetzel, BNY Mellon head of global operations and technology, and CAO (chief administrative officer). "Ed's new role is key to driving operational excellence across our global organization.  In addition to leading the centralization of certain operations, Ed will oversee operational activities in our global delivery centers and have responsibility for operations functions that today reside in our businesses." -- Mr. Woetzel. Stint at Fannie Mae. While at Fannie Mae, Mr. Watson oversaw all development, infrastructure and operations services across the firm.  He also was in charge of corporate facilities and security and, most recently, was named to Computerworld's Premier 100 IT Leaders for 2012. Mr. Watson previously served as global head of capital markets operations and ICG business services at Citigroup and held senior positions at Republic Bank and Shearson Lehman Brothers.   [Daily Finance, 6/7/12].