LONDON, 3 August 2011 — BNY Mellon, the global leader in investment management and investment services, today announced the appointment of Dominic Broom as head of sales and relationship management for BNY Mellon Treasury Services, Europe, Middle East and Africa ("EMEA"). Broom reports to Alan Verschoyle-King, head of Global Sales & Client Management for BNY Mellon Treasury Services, whose appointment was recently announced, and replaces Verschoyle-King in the EMEA role.
Dominic Broom joined BNY Mellon Treasury Services as head of market development EMEA in September 2006. He has many years of experience in the transaction services field, and has helped develop the company's range of transaction banking services, including working capital solutions, and has been instrumental in growing the sector's business activities across the EMEA region.
"Over the past five years we've increased the number and range of clients we do business with in EMEA, and Dominic has been a key part of that growth", said Alan Verschoyle-King, head of Global Sales & Client Management. "With an increased focus on bank and non-bank financial institutions in the region, we have developed deep strategic partnerships with many of our key clients. These partnerships have allowed us to acutely understand our clients' needs on a wide-scale basis, and to better serve them via our existing suite of treasury products and services, as well as with new, customised solutions. I know that Dominic will continue to work in partnership with our EMEA clients to build upon these achievements and take our program to new levels of commitment, client-focus and success."
Broom began his career on Chase Manhattan Bank's graduate training programme, and prior to BNY Mellon held international positions at UBS Warburg Dillon Read, Standard Chartered and ABN AMRO. He holds an Honours Law Degree from the University of London and a diploma in Advanced French from the Universite Catholique in Lyon, France. Broom sits on the firm's EMEA Operating Committee and is a frequent chairman of industry conferences and a regular contributor to leading industry publications.
With locations in 34 countries on six continents and a network of more than 2,000 correspondent financial institutions, BNY Mellon Treasury Services delivers high-quality performance in global payments, trade services, cash management, capital markets, foreign exchange and derivatives. It helps clients optimize cash flow, manage liquidity and make payments more efficiently around the world in more than 100 currencies. Processing more than $1.7 trillion in payments transactions on a daily basis, 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 white-label treasury services solutions for banks and other large institutional clients. BNY Mellon's FM&TS group includes Alternative Investment Services, Broker-Dealer Services, Clearing, Corporate Trust, Depositary Receipts, Derivatives360, Pershing, and Shareowner Services.
BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $26.3 trillion in assets under custody and administration and $1.3 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.7 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available at www.bnymellon.com and through 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 The Bank of New York Mellon as at 30 June 2011 unless otherwise stated. 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 Authorised and regulated in the UK by the Financial Services Authority.