Chiuch, who previously served as co-head of global securities lending at CIBC Mellon, will act as managing director of US equity and corporate securities finance at CIBC Mellon’s parent company BNY Mellon.
Zywot will manage CIBC Mellon’s trading desk. He has 20 years of financial industry experience, including 15 years in securities lending, and joined CIBC Mellon in 2004. Zywot holds an honors degree in economics from the University of Toronto, as well as a derivatives market specialist (DMS) designation from the Canadian Securities Institute. He is also a certified financial planner (CFP).
“Rob and Phil have long demonstrated outstanding leadership in helping to build a world-leading securities lending operation that continues to win praise for outstanding service and execution,” said Tom Monahan, president and chief executive officer.“Robert Chiuch’s new role as a senior leader within BNY Mellon’s securities lending operation also positions us well to further strengthen our companies’ partnership as we work to support clients around the world. I have no doubt that all three will excel in their new roles.”