Global Diversity and Inclusion Council

Lee B. Stephens III

Executive Vice President, Chief Administrative Officer, Asia Pacific

In October 2008, Lee was appointed Chief Administrative Officer for BNY Mellon's Asia Pacific Region. Situated in Hong Kong, he oversees the build-out of shared-services and infrastructure in the region, which is comprised of sixteen offices in twelve countries. Lee's administrative duties include coordinating the application of consistent policy and practice in the Finance, Human Resources, Information Technology, Corporate Communications, Risk Management & Compliance, Marketing and Legal disciplines serving the country offices and lines of business represented in the region.

Prior to October 2008, Lee managed the Bank's Public Sector Banking practice, which included client management and public finance activities for U.S. - based tax exempt institutions. He had executive responsibility for the Public & Not-for-Profit Banking ("PNP"), and Public Finance ("PFD") divisions, where his administrative duties included oversight of those divisions' sales, marketing, corporate finance and relationship management functions directed towards public funds, government agencies and other municipalities, endowments, foundations and nonprofit hospital/healthcare entities.

Lee has 27 years of commercial banking and securities industry experience. He joined The Bank of New York in 1990. Prior to taking on his current role with Public Sector Banking in 2006, he served as Division Executive for the National Government Banking Division from 2001. In that role, Lee managed both the division's client management functions, as well as the "asset servicing" sales effort directed at domestic governmental enterprises. Prior to 2001, Lee held senior managerial positions in the Securities Industries, Mutual Funds and Fund Managers Divisions of the Bank. Before joining The Bank of New York, Lee served in senior official positions with Continental Illinois Bank and Chemical Bank. His experiences with both Continental Illinois and Chemical included deployments in Taxable Fixed Income Securities Sales & Trading, as well as in Corporate Banking.

Lee received his M.B.A. degree in Finance in 1997 from the Wharton School of the University of Pennsylvania, and his undergraduate degree from Morehouse College in 1981. Lee is a member of the Board of Trustees of various not-for-profit organizations, including: the New York Chapter of National Association of Securities Professionals; the Lower Eastside Service Center, Inc., a nonprofit community service organization serving lower Manhattan, New York; and The Seamen's Society for Children and Families on Staten Island, New York. In March 2008, Lee joined the Resource Development Committee of the United Way of New York City, after successfully chairing the Bank's 2007/2008 United Way Campaign. Additionally, in July 2008 Lee was asked to join the Advisory Board of the Johns Hopkins University, Center for Talented Youth.