BNY’s Granet to Chair US Treasury Debt Advisory Committee

BNY Chief Investment Officer Jason Granet will take over as chair of the group of dealers and investors that for decades has provided US officials with guidance on how best to fund the deficit.

Granet will assume the role for the next quarterly meeting of the Treasury Borrowing Advisory Committee in August, according to a statement Wednesday. He will replace Citigroup Inc.’s head of rates trading Deirdre Dunn.

The panel of outside advisers, known as TBAC, is composed of market participants that give guidance on debt-management matters. The group meets with Treasury officials ahead of the department’s announcement of ...