Experienced senior manager will focus on growing BNY Mellon's business with North American banks
NEW YORK, October 8, 2015 — BNY Mellon, a global leader in investment management and investment services, has appointed Mark Ridley as head of sales & relationship management for North American banks for BNY Mellon's Treasury Services business. An experienced senior manager with extensive banking experience, Ridley comes to BNY Mellon from Deutsche Bank, where he led sales and relationship management activities in the correspondent banking space.
An IFS School of Finance graduate, Ridley is a Certified Treasury Professional (CTP) and holds a Certificate in International Cash Management (Cert ICM) from the Association of Corporate Treasurers. He has served in sales leadership positions at JP Morgan Chase, Wells Fargo and Nordea Bank, and has an extensive background in payments, trade and cash management solutions from both a corporate and correspondent banking perspective. In his new role at BNY Mellon he will focus on growing the company's presence in the North American banks market segment across all banking solution sets, including global payments, trade, supply chain, private label, global markets, liquidity & information management.
"BNY Mellon has unique strengths as a longstanding global leader in correspondent banking services and trusted provider of technologically advanced outsourcing solutions to client banks," said Jeffrey Horowitz, managing director and head of North American sales & relationship management for BNY Mellon Treasury Services. "The continuing evolution of the global banking environment gives us a great opportunity to grow in the banking space, and Mark is superbly credentialed to provide sales and relationship management leadership for that growth."
With locations on six continents and an extensive global network of correspondent financial institutions, BNY Mellon's Treasury Services group delivers high-quality performance in global payments, trade services and cash management. It helps clients optimize cash flow, manage liquidity and make payments more efficiently around the world in more than 100 countries. Processing payment transactions in over 120 currencies, the company is a top-five participant in both the CHIPS and overall funds transfer markets. The company is also a recognized leader in the delivery of private-label treasury services solutions for banks and other large institutional clients.
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, 2015, BNY Mellon had $28.6 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. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.