BNY Mellon's McCarthy departs after five years as distribution head

On gardening leave

Jayna Rana
clock • 1 min read

Fergus McCarthy, head of UK & Ireland intermediary distribution at BNY Mellon Investment Management has left the group, PA's sister magazine Investment Week has revealed.

McCarthy joined BNY Mellon in 2014 and helped restructure its sales approach in the UK, while also promoting Insight Investment and its other US boutiques. A spokesperson for the firm said: "I can confirm that, Fergus McCarthy, head of UK & Ireland intermediary is leaving the business and is currently serving his notice on gardening leave. "Fergus has made a significant contribution to the business during his tenure. We wish Fergus all the best with his next opportunity and thank him for his hard work and leadership over the past five years. BNY Mellon IM hires government Brexit ad...

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