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

Quality investing: Holding conviction when markets test investors

Quality investing: Holding conviction when markets test investors

Quality investors have no doubt had their conviction 'severely tested' of late

Scott Spencer
clock 31 March 2026 • 5 min read
Darius McDermott: The five-year laggards - can they revive?

Darius McDermott: The five-year laggards - can they revive?

'It's a complex backdrop for investors'

Darius McDermott
clock 31 March 2026 • 6 min read
Protecting portfolios during heightened inflation risk

Protecting portfolios during heightened inflation risk

'This is a year for careful, defensive positioning'

Fahad Hassan
clock 30 March 2026 • 3 min read