Dhar (pictured above) joins from the UK’s Foreign and Commonwealth Office. He will start in the newly created role of chief economist on October 1.
Dhar will be responsible for conducting research and analysis, in order to develop economic commentary.
He will act as the primary spokesman for the BNY Mellon IM on global macroeconomics, geopolitics and capital markets.
Dhar was chief economist at the Foreign and Commonwealth office for four years. In this role, he advised ministers, senior officials and ambassadors on the economic landscape and implications of foreign policy, including Brexit.
He began his career as an economic assistant at HM Treasury, and has since held senior positions at the Bank of England, Aviva Investors and a number of economic and financial consultancies.
BNY Mellon Investment Management’s chief executive Mitchell Harris says: “As we transition to a post-quantitative easing and de-accumulation world, investors find themselves navigating unchartered economic territory.
“As a result, the ability to arm investors with insightful guidance on the economic environment is vital. Shamik’s experience will provide our clients with invaluable macroeconomic and investment perspective, helping to strengthen our investor experience.”