NEW YORK, June 18, 2015 – BNY Mellon, a global leader in investment management and investment services, has promoted Kim Mustin and Matt Oomen to become Co-Heads of Global Distribution for BNY Mellon Investment Management. In their new roles, Mustin and Oomen will be responsible for BNY Mellon Investment Management’s global distribution strategy and results, as well as the management of the organization’s distribution team and infrastructure across all channels and regions.
Mustin and Oomen will continue to be based in New York and London respectively, and will report directly to Mitchell Harris, President of BNY Mellon Investment Management. Global Head of Product, Diane Durnin, and Global Chief Marketing Officer, Paul Nobile, who will also now report directly to Mr. Harris, will work closely with Mustin and Oomen to ensure strong global coordination of distribution efforts throughout the organization.
“The continued success and growth of our distribution capabilities remains a top priority and key driver for our business. These promotions support our ongoing growth plans and build on our past success. As experienced global leaders, Kim and Matt are a dynamic team and will work across the organization with product, marketing and sales, as well as our investment boutiques to drive strong performance and results for our clients,” said Curtis Arledge, Vice Chairman of BNY Mellon and CEO of Investment Management. “Additionally, Kim and Matt will partner with client teams across all of BNY Mellon to offer our enterprise-wide solutions to support our clients’ success.”
Mustin previously served as Head of North American Distribution for BNY Mellon Investment Management, a role she had since April 2014, overseeing North American distribution across Dreyfus, BNY Mellon Retirement and Institutional markets. Before joining BNY Mellon, Mustin was the Head of Global Strategic Accounts at OppenheimerFunds. Prior to Oppenheimer, Mustin was with Legg Mason, serving as both Head of Institutional and Co-Head of Americas Distribution for Legg Mason affiliates, and with Deutsche Bank, heading their Financial Institutions Group.
Oomen was most recently Head of European Distribution and Head of the Executive Committee for the EMEA region at BNY Mellon Investment Management, responsible for the distribution business across all channels in Europe. Since joining the organization in 2001, Oomen has held several roles covering client management, strategy and operations at BNY Mellon Investment Management, including as the Head of Platinum Clients & Global Financial Institutions.
“We are excited about the results we have already seen from our unified global structure that underpins our distribution strategy. Coming from within the organization, Kim and Matt know the depth of talent and insights that exists within our business and can be tapped to deliver value for our investor base,” continued Mr. Arledge.
Prior to today’s announcement, PeterPaul Pardi had served as Global Distribution Head. Mr. Arledge added, “We would like to thank PeterPaul for his three years of service leading Global Distribution for BNY Mellon Investment Management. He developed a solid framework for our global operations and centralized sales function, and established a strong team in Kim and Matt.”
BNY Mellon Investment Management is one of the world's leading investment management organizations and one of the top U.S. wealth managers, with $1.7 trillion in assets under management. It encompasses BNY Mellon’s affiliated investment management firms, wealth management services and global distribution companies. More information can be found at www.bnymellon.com.
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 March 31, 2015, BNY Mellon had $28.5 trillion in assets under custody and/or administration, and $1.7 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, or follow us on Twitter @BNYMellon.
All information sourced by BNY Mellon as of March 31, 2015. This press release is qualified for issuance in the UK, Europe and US and is for information purposes only. It does not constitute an offer or solicitation of securities or investment services or an endorsement thereof in any jurisdiction or in any circumstance in which such offer or solicitation is unlawful or not authorized. Any views and opinions contained in this document are those of the investment manager, unless otherwise noted. This press release is issued by BNY Mellon Investment Management (US) and BNY Mellon Investment Management EMEA Limited (BNYMIM EMEA) to members of the financial press and media and the information contained herein should not be construed as investment advice. Past performance is not a guide to future performance. The value of investments and the income from them is not guaranteed and can fall as well as rise due to stock market and currency movements. When you sell your investment you may get back less than you originally invested. Registered office of BNYMIM EMEA: BNY Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA. Registered in England no. 1118580. Authorized and regulated by the Financial Conduct Authority. A BNY Mellon Company.