LONDON, March 17, 2016 /PRNewswire/ -- BNY Mellon, a global leader in investment management and investment services, has named Tom Ahern as head of its Corporate Trust business in Europe, the Middle East and Africa (EMEA).
Ahern, with more than 13 years of Corporate Trust experience, had led BNY Mellon's Corporate Trust business in Ireland and simultaneously led the Global Analytics function for the Corporate Trust operation.
"Under Tom's direction, BNY Mellon has significantly grown its Corporate Trust operations in Ireland, which has evolved into a core service area for our European operations," said Eric Kamback, chief executive officer of BNY Mellon's Corporate Trust group. "Tom also led our transformation initiatives in Analytics and Corporate Trust Ireland and has the capability to apply his expertise across all of EMEA."
Kamback noted that Ahern has a strong background in collateralized loan obligations (CLOs) and loan administration. "BNY Mellon has identified these areas as global growth opportunities because of the Corporate Trust group's expertise and strong track record in supporting these issuances," he added.
Ahern joined BNY Mellon in 2006 and in 2009 was named to manage the Structured Portfolio Services business within EMEA Corporate Trust. Prior to joining BNY Mellon, he worked for Bank of Ireland, Daiwa Securities, and Colonial First State Investments.
Notes to editors
BNY Mellon is a leading provider of corporate trust services to the debt capital markets, offering customized and market-driven solutions to investors, bondholders and lenders. As of Dec. 31, 2015, BNY Mellon Corporate Trust served as trustee and/or paying agent on more than 58,000 debt-related issues globally. The corporate trust business utilizes its global footprint and expertise to deliver a full range of issuer and related investor services including trustee, paying agency, fiduciary, escrow, and other financial services. The business administers a wide array of assets and types of programs to multinational corporations, financial institutions, governments and their agencies, and the banking, securities, and insurance industries.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of Dec. 31, 2015, BNY Mellon had $28.9 trillion in assets under custody and/or administration, and $1.6 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.
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SOURCE BNY Mellon