BNY Mellon Wealth Management appointed Sinead Colton Grant as its new chief investment officer, a promotion that becomes effective Jan. 1, when she will succeed current CIO Leo Grohowski, who decided to retire at the end of 2023, the firm announced Tuesday.
Colton Grant has more than 25 years of investment experience and is currently head of Investor Solutions at BNY Mellon. Previously, she was deputy chief investment officer and head of equities for BNY Mellon Wealth Management.
She joined BNY Mellon in 2012 through Mellon Capital where, during her tenure, she served in various senior investment roles. Before that, she held senior roles at BlackRock and J.P. Morgan Asset Management.
Colton Grant is based in New York and reports to Catherine Keating, global head of BNY Mellon Wealth Management.
"We appreciate Leo's many contributions to our business, and celebrate the deep talent bench he has built," Keating said in a statement. "As a proven investment leader, Sinead is well-positioned to assume this role and we look forward to building on the Investment team's success."