The new hire joins the firm from Bank of America.

US banking giant BNY Mellon has appointed Sabet Elias in the newly-created role of chief technology officer. 

He will join the firm's technology executive committee and be based in New York, the firm said in a statement.

Elias will report to Bridget Engle, senior executive vice president and chief information officer.

He has more than 20 years of experience in building and operating tech. He joins BNY Mellon from Bank of America, where he was the sales and trading CTO for global banking and markets.

"Sabet is a talented technologist and brings to the bank a solid track record of building platforms,” said Engle. “As we continue to shape our global technology agenda and improve resiliency, we need to add leadership talent with deep experience in technology to take us to the next level. Sabet has years of experience in financial services, plus deep management and technical expertise to help us navigate the future.”

Wealth tech hire
Also, BNY Mellon has appointed Avi Shua as technology lead for wealth management. Shua will report to Engle, and wealth management chief executive, Catherine Keating. 

Shua will be a member of the technology executive committee and wealth management leadership team.

He joins from Goldman Sachs, where he was the global head of private wealth management technology and was a member of the Goldman Sachs technology executive leadership group. 

Recently, this publication reported that following the integration of BNY Mellon Investment Management's US multi-asset manager, the firm will be branded Mellon with effect from January 2.