BNY Mellon has named Lawrence Hughes as chief executive of BNY Mellon Wealth Management.

Hughes was previously the president of US Markets for BNY Mellon Wealth and has been with the company for 19 years. His past roles include those of chief operating officer for the private wealth management unit and executive director for the same unit's eastern US operations. He takes over from David F Lamere, who has resigned, and will report to Robert P Kelly, BNY Mellon's chairman and CEO.

The firm has made a number of appointments recently on the east and west coasts of the US. For example, BNY Mellon Wealth Management has appointed Gary Rzucidlo as vice president and senior sales director for its Atlanta office; it also made two appointments in Los Angeles. It has also appointed veteran banker Edgar Murcia to manage its private banking business California, Nevada and the Pacific Northwest, and promoted Carolyn Kozlowski to the newly-created role of national escrow sales manager in Pittsburgh.

BNY Mellon Wealth Management oversees $157 billion in private client offices in the US. Worldwide, it has $22.4 trillion in assets under custody and administration and operates in 34 countries.