Ronald P. O'Hanley
President & CEO,
BNY Mellon Asset Management
Vice Chairman,
The Bank of New York Mellon Corporation
Ronald P. O'Hanley is President and Chief Executive Officer of BNY Mellon Asset Management, the asset management umbrella organization of BNY Mellon. He is also Vice Chairman of BNY Mellon and a member of the Executive Committee, which is the senior-most governing body of the Corporation. Additionally, Ron oversees all of BNY Mellon's activities in Asia Pacific. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE:BK).
BNY Mellon Asset Management is a global, multi-boutique firm. The asset management firms under Ron's leadership include: Alcentra; Ankura Capital; Blackfriars Asset Management; BNY Mellon ARX; BNY Mellon Beta Management; BNY Mellon Cash Investment Strategies; The Boston Company Asset Management; EACM Advisors; Ivy Asset Management; Mellon Capital Management; Mellon Global Alternative Investments; Newton Investment Management; Pareto Investment Management; Standish; Urdang; Walter Scott and a joint venture - WestLB Mellon Asset Management. The firm is a leading global asset manager and in the top 10 in the U.S., with $860 billion in assets under management.
In addition to managing the investment subsidiaries, Ron is responsible for the U.S. and non-U.S. retail, intermediary and institutional distribution activities of BNY Mellon Asset Management. The U.S. business consists primarily of The Dreyfus Corporation. Dreyfus, established in 1951, is one of the nation's leading mutual fund companies, currently managing over $339 billion in more than 193 mutual fund portfolios nationwide as of the 2nd quarter 2009.
Outside the U.S., the business consists of BNY Mellon Asset Management International, which is the Corporation's U.K.-based global distribution platform; BNY Mellon Asset Management Japan; BNY Mellon Asset Management Australia; a minority investment in Hamon Investment Management in Hong Kong, and various distribution agreements and representative sales offices in Asia and Europe. Revenues from non-U.S. clients amount to approximately 40% of total asset management revenue.
Prior to the merger of The Bank of New York and Mellon Financial Corporation in July of 2007, Ron was Vice Chairman of Mellon Financial Corporation and President and Chief Executive Officer of Mellon Asset Management. He joined Mellon in February 1997 from McKinsey & Company Inc., where he was a partner and the leader of the firm's Investment Management practice worldwide and co-leader of its North American personal financial services practice. During his 10 years with McKinsey, Mr. O'Hanley was based out of Boston and, for a period of time, Stockholm, and he focused on financial services throughout North America, Latin America, Europe and Asia.
Mr. O'Hanley is a graduate of Harvard University Graduate School of Business. His not-for-profit interests include: Chairman of the Boston Public Library Foundation Board of Directors; Board of Directors of Beth Israel Deaconess Medical Center; Board of Trustees of the Marine Biological Laboratory; Advisory Board of the Maxwell School of Citizenship and Public Administration at Syracuse University; the Board of Directors of The Massachusetts Audubon Society and serves as a corporate trustee and member of the Advisory Council of The Trustees of Reservations. He is Visiting Professor at the University of Edinburgh Business School and an offshore sailboat racer.