BNY Mellon IM hires government Brexit adviser as first chief economist

Shamik Dhar joins from Foreign Office

clock • 1 min read

BNY Mellon Investment Management has hired Shamik Dhar for the newly-created role of chief economist, responsible for conducting proprietary research and analysis, in order to develop economic commentary.

Dhar (pictured), who will join on 1 October from his role as chief economist in the UK's Foreign and Commonwealth Office, will act as the firm's primary spokesperson on global macroeconomics, geopolitics and capital markets. CEO of BNY Mellon IM Mitchell Harris explained it is "vital" to "arm investors with insightful guidance on the economic environment", as the economy transitions to "a post-quantitative easing and de-accumulation world".  "Investors find themselves navigating unchartered economic territory," he said. "Shamik's deep experience will provide our clients with invalu...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Pensions tax breaks: Budget 'kite-flying' creating cash management challenge

Pensions tax breaks: Budget 'kite-flying' creating cash management challenge

Savers and advisers dealing with cash management quandary

Kate Toumazi
clock 14 October 2025 • 3 min read
Partner Insight: Finding the right partner for a managed portfolio service

Partner Insight: Finding the right partner for a managed portfolio service

Francis Clark Financial Planning set up a white-label managed portfolio service for their clients, but as the effects of COVID-19 played out and markets stagnated, they realised they needed a change. Managing Director Chris Reah explains how they found the right solution.

Chris Reah, Francis Clark Financial Planning
clock 13 October 2025 • 5 min read
Watch Professional Adviser's Working Lunch with Baillie Gifford - Decumulation Decisions: Resilient Monthly Income for Retirees

Watch Professional Adviser's Working Lunch with Baillie Gifford - Decumulation Decisions: Resilient Monthly Income for Retirees

Catch up on the discussion

Professional Adviser
clock 10 October 2025 • 1 min read