UK - Mick Brant, managing director of Mellon Analytical Solutions International, is leaving the company later this month.

He will be succeeded at the performance data firm - known for the CAPS pooled pension fund survey - by MAS veteran Fraser Priestley.

Mellon said the move was a result of a reorganisation of its asset servicing business.

Brant told IPE he said he's been with the firm for more than 20 years. "It's time if did something different," he said. He had no real plans as yet for what he would do, though there were " a few ideas".

Brant joined the then CAPS in 1984 as IT manager, becoming chief executive in 1999.

Mellon recently reorganised its asset servicing business, with Nadine Chakar becoming executive director for the division in Europe and Asia. "Priestley's appointment is a result of this reorganisation cascading to the international businesses," it said in a release.

Chakar said: "I would like to take this opportunity to thank Mick for his contribution to the success of the business and for his hard work and dedication during his time with Mellon."

Mellon Financial Corp. bought the remaining 50% stake in the firm, then known as Russell/Mellon from Russell Investment Group last year.

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