July 16, 2013

BNY Mellon Appoints Anil Dala as Market Manager for Treasury Services in EMEA

LONDON, 16 July, 2013 – BNY Mellon, the global leader in investment management and investment services, has appointed Anil Dala to the role of Market Manager within its Treasury Services business in Europe, the Middle East and Africa (EMEA).

Dala will work with both sales and product line management in developing solutions to serve non-bank financial institutions (NBFIs). This will include the commercialisation of BNY Mellon’s various multicurrency clearing solutions as well as the internationalisation of a number of proprietary BNY Mellon supply chain products.

Based in London, he will report to Peter Hazou, Head of EMEA Market Management, Treasury Services at BNY Mellon. "Serving NBFI clients with treasury services solutions has natural synergies across BNY Mellon’s entire EMEA franchise as an investments company", says Peter Hazou. "Dala brings a wealth of experience that will be invaluable as we look to expand our business in this important growth market".

Dala joins BNY Mellon’s Treasury Services team after six years at Pershing, a BNY Mellon company, where he was responsible for the development of business solutions for their wealth and adviser segments in the EMEA region. Prior to that he held a number of roles at Barclays Wealth and Lloyds TSB.

With locations on six continents and an extensive global network of correspondent financial institutions, BNY Mellon's Treasury Services group delivers high-quality performance in global payments, trade services and cash management. It helps clients optimize cash flow, manage liquidity and make payments more efficiently around the world in more than 100 countries. The company is a top-five participant in both the CHIPS and overall funds transfer markets, and is a recognized leader in the delivery of private-label treasury services solutions for banks and other large institutional clients.

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 36 countries and more than 100 markets. As of March 31, 2013, BNY Mellon had $26.3 trillion in assets under custody and/or administration and $1.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available on www.bnymellon.com or follow us on Twitter @BNYMellon.

This press release is issued by The Bank of New York Mellon to members of the financial press and media. All information and figures source BNY Mellon unless otherwise stated as at March 31, 2013. The Bank of New York Mellon, London Branch, registered in England and Wales with FC005522 and BR000818. Branch office: One Canada Square, London E14 5AL. Supervised and regulated by the New York State Department of Financial Services and the Federal Reserve. Authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.