By Dave Sebastian

Bank of New York Mellon Corp. said it named Emily Portney as its finance chief, effective Tuesday.

Ms. Portney succeeds Mike Santomassimo, who the company said has decided to leave.

Ms. Portney previously served as finance chief for Barclays International. She also spent 22 years at JPMorgan Chase & Co., where she was head of clearing and collateral management, among other roles.

Write to Dave Sebastian at dave.sebastian@wsj.com