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...

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