BNY Mellon hires ex-State Street exec

BNY Mellon is growing its asset servicing business with the hiring in London of Kay Hayre, who joins from her role as a managing director at State Street.

She joins as co-head of investment manager sales and will partner with co-head Laura Steinbach to drive business development activities, advance strategic relationships and grow the firm’s pipeline of opportunities with investment manager prospects and clients globally. Reporting into Ileana Sodani, global co-head of asset servicing sales, Hayre will focus on business development internationally including hedge fund managers, while Steinbach will drive efforts in the . . .

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