BNY Mellon appoints Páraic Cosgrave as Head of Alternatives Business Development

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BNY Mellon appoints Páraic Cosgrave as Head of Alternatives Business Development

Páraic Cosgrave has been appointed the new Head of the Alternatives Business Development team for Asset Servicing.

Based in Dublin, Páraic’s new role will see him responsible for BNY Mellon’s Global Alternatives Sales team and help shape BNY Mellon’s business development across all of the company’s alternatives sub-businesses – real estate, private equity, credit, hedge and fund of funds. This is the latest example of BNY Mellon’s growing presence in Ireland.

Páraic has over 25 years’ experience at small and large scale Fintechs, banks, asset servicers and asset managers. Prior to joining BNY Mellon, Páraic was a Member of the Executive Management Team at Abbey Capital and Global Head of Distribution and Relationship Management. Before that, he was Global Head of Sales and Relationship Management at BNP Paribas S.A. based in London. Páraic holds a Bachelor of Arts (B.A.), in Management Science & Information Systems Studies from Trinity College Dublin and is a Certified Investment Fund Director from the Institute of Bankers.

We are delighted to be welcoming Páraic to BNY Mellon and are excited to see the impact he will have on the asset servicing business. Páraic’s past experience in successfully growing businesses on an international scale, coupled with his proficiency in developing and implementing sales functions with a specific focus on clients, will help in supporting our mission at BNY Mellon. His addition further shows our continuing investment in the development of our asset servicing business and our dedication to ensuring a high standard experience for our clients,” said Jane Mancini, Head of Business Development, Asset Servicing, BNY Mellon. 

Páraic will be a tremendous addition to BNY Mellon’s Irish and Global Asset Servicing Franchise. He brings with him a breadth of experience that will truly help to grow and build our asset servicing business, having worked in business development for over 25 years. I look forward to working with Páraic on the ground in Dublin and wish him every success in his new role,” said Paul Kilcullen, Country Head for BNY Mellon in Ireland and CEO of BNY Mellon's Irish funds services business.

 “I am excited to be joining the BNY Mellon team and look forward to contributing to the on-going growth of the Asset Servicing business, as well as contributing to the overall growth of BNY Mellon’s network,” said Páraic Cosgrave, Head of Alternatives Business Development, BNY Mellon.

Article Published: 13/05/2022