NEW YORK, January 12, 2015 — BNY Mellon, a global leader in investment management and investment services, has appointed Joanne Scheier Corporate Segment Manager for the company's Treasury Services business.
Having served in a series of senior leadership positions for BNY Mellon's Treasury Services business, Scheier will be responsible in her new role for ensuring that solutions developed by BNY Mellon's Business Strategy and Markets Solutions (BS&MS) group continue to keep pace with the growing needs of large corporate organizations.
"The makeup of our team reflects our strategic focus on key market segments," said Anthony F. Brady, managing director and global head of the BS&MS Group. "This newly created position will allow us to sharpen our focus on the corporate market segment. Joanne’s expertise and experience will help ensure that clients in this important segment can take full advantage of our distinctive treasury services solution sets and capabilities as the investments company for the world.”
A veteran Treasury Services leader with nearly 30 years of industry experience, Scheier began her career as an implementation specialist with heritage Mellon Financial. After service as an executive sales manager and head of the Consulting Services team, she was appointed chief administrative officer for BNY Mellon's Treasury Services business in 2008. She went on to serve as global head of client support, and before being named to this new position, was global head of account management & client onboarding. She holds a BA in Liberal Arts from the University of Pittsburgh and an MS in Public Management from Carnegie Mellon University with an emphasis on management information systems.
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 optimise 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. Earlier this year, BNY Mellon launched its new global payments infrastructure which over time will process any payment on a single platform, anywhere – irrespective of its value, currency or clearing mechanism. The company is also a recognised 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 Sept. 30, 2014, BNY Mellon had $28.3 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, or follow us on Twitter @BNYMellon.