Kenneth A. Brause is the new managing director and head of investor relations at The Bank of New York Company. He was previously vice president of strategy & development and vice president of investor relations at Horizon Blue Cross Blue Shield of New Jersey.
Brause will report to Thomas P. (Todd) Gibbons, senior executive vice president and chief financial officer. He brings over twenty years of experience in the financial services industry. Before joining Horizon, Brause managed the investor relations function for American General Corporation, a life insurance and financial services company that was acquired by American International Group (AIG) in 2001. Prior to that he spent 13 years with Bankers Trust Corporation in key financial positions, including strategic planning, debt capital markets and syndicate, and as head of investor and public relations. He began his career in 1985 as a management consultant at Booz Allen & Hamilton. He holds a bachelor’s degree in Economics from the Wharton School of the University of Pennsylvania and an M.B.A. in Finance and Accounting from The University of Chicago Graduate School of Business.
“Ken’s extensive experience in investor relations and strategic planning will enhance our ability to provide analysts and shareholders with timely insight and information,” said Todd Gibbons. “He will play an important leadership role as we advance our progress in delivering the superior growth and operating results that our investors expect.”
Joseph Murphy, managing director and current head of investor relations at the Bank since 2004, will lead a newly established Product Development and Risk Management Group for The Private Bank and BNY Asset Management.
The Bank of New York Company, Inc. is a global leader in providing a comprehensive array of services that enable institutions and individuals to move and manage their financial assets in more than 100 markets worldwide. Its principal subsidiary, The Bank of New York, founded in 1784, is the oldest bank in the United States and has consistently played a prominent role in the evolution of financial markets worldwide.