Yesterday BNY Mellon announced that Caroline Butler becomes CEO of Digital Assets with immediate effect. Given BNY Mellon is the world’s largest custodian with $44 trillion in assets under custody, her role is one of the most important in the institutional digital assets sector.
BNY Mellon went live with its institutional offering in October 2022, providing digital custody and administration for both traditional and digital assets. Butler was responsible for delivering that solution.
She joined BNY Mellon in 2020 after a 21-year stint at JP Morgan, where she was latterly Head of Global Custody Americas. At BNY Mellon, Butler was promoted just last month to CEO of Custody Services. As the four-leaf shamrock necklace indicates, she comes from Ireland and attended the University of Galway.
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