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Management

Global Diversity and Inclusion Council

Karen B. Peetz

Vice Chairman and Chief Executive Officer, Financial Markets and Treasury Services

Karen Peetz is a Vice Chairman with responsibility for the Financial Markets and Treasury Services group within BNY Mellon, which is the corporate brand of The Bank of New York Mellon Corporation (NYSE:BK). The businesses that make up this group — treasury services, corporate trust, depositary receipts, shareowner services, clearing services (Pershing), broker-dealer clearing, collateral management and alternative investment services — represent more than forty percent 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.

Since joining the company in 1998 to run the domestic corporate trust business, Karen has progressively expanded her business line responsibility. The organization she leads today serves clients globally and includes 17,000 employees located in 76 cities, 40 of which are outside of the United States.

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), which acts as a global resource for the professional development and advancement of women who work at BNY Mellon through chapters in 50 locations globally. She also serves on the company's Diversity Council.

Before joining BNY Mellon, Karen spent sixteen years with JPMorgan Chase in a variety of sales and business management positions.

She has consistently been named among American Banker's "25 Most Powerful Women in Banking." In 2011, Karen ranked # 1 in this survey, which is based on the nominee's job responsibility, management style, crisis management skills, influence within the industry and charitable endeavors.

Karen serves on the Pennsylvania State University's Board of Trustees and the Johns Hopkins Carey Business School's Corporate Advisory Board. She is the Chairperson of the Board for United Way of New York City and is a Board member for the Brooklyn Academy of Music. Karen is also a member of the Financial Services Roundtable and is on the Board of Directors for SIFMA and the Private Export Funding Corporation (PEFCO).

She received a Bachelor of Science degree from the Pennsylvania State University and a Master of Science degree from Johns Hopkins University.