LONDON, October 13, 2011 — BNY Mellon, the global leader in investment management and investment services, has announced the appointment of Jim McEleney as Chief Operating Officer for Europe, Middle East & Africa, based in London.
The EMEA region represents 26% of BNY Mellon's global revenues(1) and the company employs over 9,000 staff across 16 countries within the region.
McEleney was formerly CEO of BNY Mellon's operations in Pune India and a member of the company's Asia Pacific Operating Committee.
As COO of EMEA, McEleney oversees the regional governance framework on behalf of all BNY Mellon businesses and operations in EMEA, and has full responsibility for the management of BNY Mellon's relationships with EMEA regulators.
Michael Cole-Fontayn, Chairman of EMEA at BNY Mellon, said: "Jim is a strong and experienced leader with a deep knowledge of our business, both here in EMEA and globally. Over the past few years he has been instrumental in growing our operation in Pune, one of our global centres of excellence, and I have no doubt he will bring the same expertise, dynamism and commitment to his new role."
McEleney joined BNY Mellon via The Boston Company as a financial analyst in 1987. Having worked for many years in a range of US-based roles, McEleney relocated to London in 2006 to establish the first European office for BNY Mellon Wealth Management, serving the global ultra-high-net-worth market. Prior to joining Wealth Management, the majority of McEleney's career with BNY Mellon had been with asset servicing, where in his last assignment he served for three years as Chief Administrative Officer of global asset servicing.
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.
(1) As at June 30, 2011
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 International unless otherwise stated as at June 30, 2011. 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.