Bank of New York Mellon has named Sabet Elias, formerly of Bank of America, to the newly created role of chief technology officer.
Elias was BofA's tech chief for sales and trading in its global banking and markets division. At BNY Mellon, he will report to Chief Information Officer Bridget Engle, who came over from BofA last year.
Elias has joined BNY Mellon's technology executive committee and will be based in New York, the bank said in a news release Monday.
"Sabet is a talented technologist and brings to the bank a solid track record of building platforms,” Engle said in the release. “As we continue to shape our global technology agenda and improve resiliency, we need to add leadership talent with deep experience in technology to take us to the next level. Sabet has years of experience in financial services, plus deep management and technical expertise to help us navigate the future.”
Before he joined Bank of America, Elias was the chief technology officer and global head of electronic trading infrastructure at Citigroup, and before that was the CTO at Lehman Brothers. He started his career at AT&T Bell Labs.
