James P. Palermo
Co-Chief Executive Officer,
BNY Mellon Asset Servicing
Jim Palermo is co-Chief Executive Officer of BNY Mellon Asset Servicing, which provides institutions worldwide with global custody, global fund services, foreign exchange, securities lending, global liquidity services, transfer agency, transition management, trustee/depot bank services, offshore fund administration, benefit disbursements, performance analytics and hedge fund administration. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE:BK).
BNY Mellon Asset Servicing is recognized around the world as a leader and innovator in delivering broad capabilities that support global investment activity. BNY Mellon Asset Servicing is the leading securities servicing provider as well as the largest global provider of performance and analytics, the largest lender of U.S. Treasury securities and depositary receipts, and a leading offshore fund administrator.
Mr. Palermo is also a member of the company's Executive Committee, the organization's senior-most management body, which oversees day-to-day operations.
Prior to the merger of The Bank of New York and Mellon Financial Corporation in July 2007, Mr. Palermo was head of Mellon's Asset Servicing business worldwide.
Mr. Palermo earned a bachelor's degree in Business Administration from the University of Massachusetts at Amherst and a master's degree in Business Administration from Babson College.
He serves on the board of directors of CIBC Mellon Trust Company as well as Eagle Investment Systems. Mr. Palermo is also a member of the general board of the YMCA of Greater Boston.