Karen B. Peetz
Chief Executive Officer
Financial Markets and Treasury Services
Karen Peetz, Senior Executive Vice President is responsible for the Financial Markets and Treasury Services Sector within BNY Mellon. The businesses that make up this sector — treasury services, global corporate trust, depositary receipts, shareowner services, broker-dealer clearing, collateral management and alternative investment services — represent over a third of the company's revenue. Each of these businesses commands a leading global market position and ranks among the company's most visible and best performing franchises. Serving clients worldwide, these businesses encompass 10,000 employees located in 76 cities, 40 of which are outside of the United States. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE:BK).
Prior to this assignment, Karen was the business manager responsible for Global Corporate Trust and she led the integration of the JPMorgan asset swap in 2006. Karen also managed the global payments business. Karen joined The Bank of New York in 1998 to run the domestic corporate trust business.
Before joining The Bank of New York, Karen spent sixteen years with JPMorgan Chase, formerly Chase Manhattan and Chemical Bank. While at Chase, she had several sales and business management positions, including an assignment in London. After completing Chemical Bank's credit training program, Karen was a commercial lending officer.
Karen is a member of BNY Mellon's Executive Committee, the organization's most senior management body, which oversees day-to-day operations. She is the chairperson for the company's Women's Initiatives Network (WIN) and also serves on its Diversity Council. Karen is the chairperson of United Way of New York City's Board and an Executive Committee and Board member for the Brooklyn Academy of Music. Karen also serves on Penn State's Presidential Leadership Academy Advisory Board and on the Campaign for Penn State Students.
Karen received a Bachelor of Science degree from the Pennsylvania State University and a Master of Science degree from Johns Hopkins University.