GLOBAL – The Bank of New York says senior executive vice president Thomas Perna, who headed several of the bank’s securities servicing businesses, has resigned.

“His current responsibilities, which include executive management for several of the company's securities servicing businesses, will be assumed by other members of the company's executive team,” the bank said.

BoNY executives told IPE that Perna’s departure was a blow to the firm. He is 53 and joined in 1986.

"During his two decades with the company, Tom Perna has helped the Bank of New York become the leading provider of securities services to the financial services industry," said chairman and chief executive Thomas Renyi.

"We are grateful for his many years of service and for his personal role in establishing a winning team of executives in key segments of our business.”