Francis La Salla is a Managing Director and a member of the Executive Committee for Pershing, a BNY Mellon company, where he is co-Head of the Global Customers group. He also manages and is Chairman of Pershing Securities Limited in the United Kingdom. Mr. La Salla is a member of the Operating Committee of BNY Mellon.

Prior to the acquisition of Pershing by BNY Mellon in May 2003, Mr. La Salla was the president and chief operating officer of BNY Clearing Services LLC. In this capacity, he was responsible for the firm’s Global Clearing division in New York and was the chief executive officer of the firm’s London affiliate, BNY Clearing Services International Ltd. Mr. La Salla was previously chief executive officer of BHF Securities Corporation, the U.S. broker-dealer subsidiary of Germany’s BHF-BANK AG. Under his direction, BHF Securities grew into a highly specialized firm, providing domestic and international institutional execution and clearing services for broker-dealers, investment banks, money managers and institutional funds. In July 2000, the firm was purchased by BNY Mellon and became known as BNY Clearing Services LLC.

From 1989 to 1994, Mr. La Salla was managing director and chief operating officer of Société Générale Securities Corporation, where he was responsible for developing the French financial institution’s U.S. brokerage business. During his tenure, Société Générale Securities expanded its operations to include institutional stock broking, securities lending, derivatives and research activity. Mr. La Salla has numerous industry registrations, as well as a defined expertise in international equities trading and foreign exchange. He has been a guest on financial news programs, including programs on CNBC, Fox News, CNN and Bloomberg Radio. In addition, he participates in the Financial Industry Regulatory Authority, Inc. Board of Arbitrators. Mr. La Salla earned a Bachelor of Science degree in Economics from The City University of New York and a Master of Business Administration degree in Finance from Wagner College.