April 30, 2012

BNY Mellon Appoints Peter Hazou as Head of Market Management for Treasury Services, Europe, Middle East and Africa

LONDON, 30th April 2012 — BNY Mellon, the global leader in investment management and investment services, has appointed Peter Hazou as head of Market Management for Treasury Services, Europe, Middle East and Africa ("EMEA"). In this role, Hazou will partner with the sales and relationship team to bring solutions to and drive innovation with clients in the region. He will report to Susan Skerritt, global head of Business Strategy and Market Solutions, and will work closely with the experienced team already in place, including Dominic Broom, head of Sales and Relationship Management in EMEA.

Hazou joins BNY Mellon from Unicredit, where he held the position of head of Strategy & Business Development, Global Transaction Banking, responsible for payments and cash management, trade finance and supply chain, global custody and merchant card acquiring. He was also the bank’s delegate to the European Payments Council. Hazou began his career in 1978 and has since held senior positions overseeing strategic planning and business development at a number of global institutions. "Peter brings with him a wealth of experience in treasury services, and will play a pivotal role in EMEA’s strategic development," said Skerritt. "As BNY Mellon looks to further develop our regional offering and integrate innovations in treasury services into client solutions, Peter and his team will work to deepen our understanding of client needs and the competitive landscape with the aim of elevating our programme to new levels of commitment, client-focus and success".

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 $1.5 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 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.