NEW YORK, Feb. 16, 2022 /PRNewswire/ -- BNY Mellon
today announced that Jennifer Barker
has been named Chief Executive Officer of its Treasury Services
business.
In this position, Ms. Barker will assume leadership
responsibility for BNY Mellon's market-leading Treasury Services
business, which provides domestic and cross-border payments, US
dollar clearing, trade finance and liquidity management
capabilities to clients in APAC, EMEA and the Americas.
Among her primary responsibilities, Ms. Barker will build on the
strong record that Treasury Services has at the cutting edge of the
paper-to-digital journey and drive meaningful growth across the
business. Recent Treasury Services accomplishments include
pioneering work to deploy real-time e-bills and payments for retail
consumers in the US, partnerships with state-of-the-art fintechs to
employ digital ledger technology, and asserting a leadership role
as the first US bank to support the new SWIFT Go cross-border
payments system.
Sustainability will also be at the core of Ms. Barker's mandate,
as BNY Mellon leads the way in reducing paper consumption in the
global payments and trade supply chain in favor of digital
alternatives that have a smaller carbon footprint.
Ms. Barker is a financial services veteran with almost two
decades of experience in treasury services, both in the US and
Asia. She joins BNY Mellon from JP
Morgan, where she held a wide variety of roles across Commercial
Banking and Payments, most recently serving as Head of Client
Service and Implementation in the firm's Payments business.
"Jennifer's comprehensive understanding of the entire treasury
ecosystem, combined with her strong client focus, makes her the
ideal leader to build upon the success and growth our Treasury
Services business is experiencing," says Robin Vince, Vice Chair of BNY Mellon and Chief
Executive Officer of Global Market Infrastructure. "Her established
leadership in digital initiatives will amplify the investments in
technology and partnerships with fintechs that we are making to
ensure our offering remains both nimble and market-leading."
Ms. Barker earned her MBA at the University
of Michigan and holds a bachelor's degree in English and
Public Relations from James Madison
University in Virginia.
Ms. Barker will assume her new responsibilities effective
May 2, 2022 and will become a member
of the BNY Mellon Executive Committee.
Interim Treasury Services Chief Executive Officer Paul Adamo will resume his previous role as
Chief Financial & Operating Officer for Treasury Services,
reporting to Ms. Barker.
ABOUT BNY MELLON
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 and
wealth management and investment services in 35 countries. As of
Dec. 31, 2021, BNY Mellon had
$46.7 trillion in assets under
custody and/or administration, and $2.4
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 www.bnymellon.com. Follow us on Twitter
@BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for
the latest company news.
Contact:
Peter Madigan
peter.madigan@bnymellon.com
+1 212 815 2308
Nina Truman
nina.truman@bnymellon.com
+1 212 815 2006
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SOURCE BNY Mellon