January 23, 2012

BNY Mellon Appoints Ian Stewart Head of EMEA Client Management

NEW YORK, January 23, 2012 — BNY Mellon, the global leader in investment management and investment services, today announced the appointment of Ian Stewart as head of Europe, Middle East & Africa (EMEA) Client Management, a role previously held by Hani Kablawi, who has been appointed Head of EMEA Asset Servicing for BNY Mellon*. Reporting to Jim Palermo, Vice Chairman and CEO of Global Client Management, Stewart continues in his role as head of North America Client Management.

In Stewart's capacity as head of EMEA Client Management, he will oversee country management and strategic clients across the EMEA region. As head of Client Management for North America, he is responsible for client relationships within the following groups reporting to him: Banks and Broker Dealers, Investment Managers, Insurance companies, Corporates, Real Estate, Syndications, Not-for-Profits, Alliance Program, Federal and State Governments.

Palermo said, "Ian's leadership will ensure our company continues to deliver quality service to our clients and a deep understanding of their needs. Bringing the majority of our global client management functions together under Ian ensures collaboration and sharing of best practices, and demonstrates the strength of our management team."

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 $25.8 trillion in assets under custody and administration and $1.26 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day.  BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).  Additional information is available on www.bnymellon.com or follow us on Twitter@BNYMellon.

*Subject to regulatory approvals