Nugent to lead a business development team and hire additional sales directors in a key wealth region
NEW YORK and ATLANTA, October 7, 2013 — BNY Mellon, the global leader in investment management and investment services, has appointed Helen Nugent to a newly created role as a managing director of sales to lead business development efforts in BNY Mellon Wealth Management’s Southeast region. Nugent oversees a team of five sales directors across a six-state region and will drive regional professional recruitment efforts. Her appointment is part of BNY Mellon’s previously announced plan to increase its sales force by 50 percent over the next 18 months. Based in Atlanta, Nugent reports to Regional President Chris Hohlstein.
Nugent joins BNY Mellon from Northern Trust where she held a number of leadership roles over a period of 18 years. Most recently, as senior vice president she drove a pilot program serving not-for-profits, endowments and foundations in an initiative that became a model for the company’s other U.S. regions. In her prior roles, she led sales and marketing teams in developing and implementing business strategy.
“BNY Mellon Wealth Management has experienced extraordinary growth in our Southeast region and we look forward to Helen’s energy and professionalism to achieve even greater success in the future,” Hohlstein said. “Helen’s strong record of leadership and keen strategic instincts make her a great fit for BNY Mellon Wealth Management’s Southeast management team.”
“I’m delighted to be joining BNY Mellon Wealth Management, which has long been recognized for its heritage of expertise, integrity and stability,” Nugent said. “I already feel at home with my colleagues and am pleased to be part of such a successful firm.”
Nugent earned a bachelor’s in mathematics from Winthrop University and has held many leadership roles in community and professional organizations including the boards of the St. Jude’s Children Research Hospital and the Georgia Planning Giving Council. She also has been active with the Southeastern Council of Foundations, the Florida Philanthropic Network and Catholic Charities in the Diocese of Venice, Florida.
BNY Mellon Wealth Management is among the nation’s leading wealth managers, with more than two centuries of experience in providing services to clients, who today include financially successful individuals and families, their family offices and business enterprises, planned giving programs, and endowments and foundations. It is a leading U.S. wealth manager with more than $175 billion in private client assets, as of June 30, 2013, and an extensive network of offices in the U.S. and internationally. BNY Mellon Wealth Management, which provides investment management, custody, wealth and estate planning and private banking services to clients, conducts business through various operating subsidiaries of The Bank of New York Mellon Corporation. For more information go to bnymellonwealthmanagement.com or follow us on Twitter @BNYMellonWealth.
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 June 30, 2013, BNY Mellon had $26.2 trillion in assets under custody and/or administration, and $1.4 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 bnymellon.com, or follow us on Twitter @BNYMellon.