BNY Mellon Asset Management has tapped Curtis Arledge, the former CIO of fixed-income at BlackRock, to take the helm and lead its business on a permanent basis.

In an announcement late yesterday, Bank of New York Mellon¹s money management division said that Arledge will join as vice chairman and head executive in the fourth quarter of 2010. Mitchell Harris, the current interim CEO, will be relieved of the management role and assume his previous post as vice chairman of the fixed-income, cash and currency group, the Aug. 3 press release said.

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