February 18, 2011

BNY Mellon Wealth Management Hires Senior Director of Portfolio Management

Ron Ulle Joins Ohio Team as Part of Expansion Strategy for the Region

NEW YORK and CLEVELAND, February 18, 2010 — BNY Mellon Wealth Management has hired Ron Ulle as senior director of portfolio management for the firm's Ohio region. Based in Cleveland, Ulle is responsible for the management of individual, nonprofit, and institutional portfolios in Cleveland. He is also the acting Team Leader for the Ohio portfolio management team and reports to Ohio Regional President Ronald Ambrogio.

"We continue to reinvest in our business, adding professional talent to serve and anticipate the needs of our clients," Ambrogio said. "Ron reflects of the depth and breadth of expertise and service we can offer to high net worth investors in Cleveland and throughout Ohio." Ambrogio also said that he plans to hire a few more professionals to his team in coming months.

Ulle has more than 17 years of investment and management experience. Before joining BNY Mellon, he was a senior portfolio and regional manager at Key Private Bank, a division of KeyCorp.

Ulle earned a bachelor's degree in finance from the University of Akron and, has an MBA from the Weatherhead School of Business at Case Western Reserve University. He is a CFA Charterholder and a member of the CFA Society of Cleveland.

BNY Mellon Wealth Management is among the nation's leading wealth managers, with more than two centuries of experience in providing investment management, wealth and estate planning, and private banking services to financially successful individuals and families, their family offices and business enterprises, charitable gift programs, and endowments and foundations. It is among the top 10 U.S. wealth managers with more than $166 billion in private client assets and an extensive network of offices in the U.S. and internationally.

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, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $25.0 trillion in assets under custody and administration and $1.17 trillion in assets under management, services $12.0 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available at www.bnymellon.com.