Laide Majiyagbe to head up BNY Mellon鈥檚 financing and liquidity division
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Laide Majiyagbe to head up BNY Mellon鈥檚 financing and liquidity division 11 May 2021US Reporter: Alex Pugh
Image: Laide Majiyagbe
Laide Majiyagbe has been appointed head of financing and liquidity at BNY Mellon.
In this newly created position, Majiyagbe will take the reins of BNY Mellon's securities finance, liquidity services and collateral segregation businesses.
Majiyagbe joins the US banking investment company from Goldman Sachs, where she spent 14 years serving in a variety of positions within liquidity and collateral management, most notably playing a key role in the design of a number of its post-crisis collateral management and optimisation tools.
In addition, Majiyagbe worked closely with Goldman Sachs鈥� prime brokerage business in collateral and liquidity management, providing her a considerable level of understanding of securities financing from both broker-dealer and consumer perspectives.
In her last role at the company, Majiyagbe served as Goldman Sachs鈥� global head of liquidity projections in the firm's corporate treasury division. She will now oversee the strategic direction of BNY Mellon's financing, collateral and short-term liquidity offering.
In a statement announcing the appointment, BNY Mellon says Majiyagbe鈥檚 鈥渦nique combination of professional experiences鈥� makes her well-suited to build upon BNY Mellon's position as the world's largest agency securities finance programme.
Majiyagbe says: "This business is undergoing a transformation in order to create an open architecture that efficiently and seamlessly connects clients with the products and services they need to navigate complex capital markets.
鈥淚'm proud that my wide-ranging experience across liquidity management, securities finance and collateral management enables me to make my own contribution to this ambitious agenda," says Majiyagbe.
Markets and execution services CEO Adam Vos says: 鈥淟aide's career accomplishments speak for themselves and we are intensely focused on connecting the dots for clients and nowhere more so than across securities finance, liquidity services and segregation.鈥�
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Image: Laide Majiyagbe 