NEW YORK, June 18, 2012 — BNY Mellon, the global leader in investment management and investment services, has appointed Kevin Miles as a West Coast business development officer with responsibility for corporate and insurance segment sales throughout Southern California, Colorado, Arizona, Nevada, Utah and New Mexico. Based in Los Angeles, Miles reports to Mark P. Brown, head of business development for corporate and insurance market segments at BNY Mellon Corporate Trust.
Miles will be responsible for marketing the company's broad scope of corporate trust products and services, including debt administration, escrow agency, collateral management, custody, insurance trust and third party administrative agency, to corporations, intermediaries and arrangers. Miles replaces Miguel Barrios, who was recently named a business development officer for cross border transactions for BNY Mellon Corporate Trust.
Miles was a portfolio manager for BNY Mellon's third party administration agent group after joining the company in 1999. He then led business development for BNY Mellon's third party loan agency business.
"Kevin is a seasoned industry professional with extensive experience managing client relationships. His ability to market the company's wide range of products and services will help us advance our leadership position in the region," said Alex Tsarnas, head of U.S. corporate and insurance market segments at BNY Mellon Corporate Trust.
BNY Mellon Corporate Trust services $11.9 trillion in outstanding debt from 61 locations in 20 countries. Its clients include governments and their agencies, multinational corporations, financial institutions and other entities that access the global debt capital markets. The corporate trust business utilizes its global footprint and expertise to deliver a full range of issuer and related investor services and to develop customized and market-driven solutions. Its range of core services includes debt trustee, paying agency, escrow and other fiduciary offerings.
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 $26.6 trillion in assets under custody and administration and $1.3 trillion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.4 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.