Mellon Transition Management Services Promotes Christine Carr Smith to President and Chief Operating Officer
September 06 2007 - 7:46AM
PR Newswire (US)
Co-Founder of BNY Mellon Unit Takes on Key Strategic Role SAN
FRANCISCO, Sept. 6 /PRNewswire-FirstCall/ -- Mellon Transition
Management Services (MTMS), a unit of The Bank of New York Mellon
Corporation, has promoted Christine Carr Smith to president and
chief operating officer. Smith, who had been managing director,
will continue to report to Mark Keleher, who remains chief
executive officer of MTMS. "Christine Smith was a co-founder of
this organization eight years ago," said Keleher. "Her hard work
and leadership are among the major reasons that we've been able to
grow the business into a global entity with offices and clients
around the world. In her new expanded role, she will play a more
strategic role and have a much more direct impact on our ability to
continue to expand both domestically and in international markets."
Smith joined The Bank of New York Mellon in 1996 as compliance
officer for Mellon Capital Management, an investment management
subsidiary, and became a founding member of the senior management
team for MTMS in 2000. Earlier in her career, she was a compliance
manager at Bear, Stearns & Co. and an administration manager at
Morgan Stanley & Co. She received a bachelor's degree in
management information systems from the University of Arizona. MTMS
provides premier global transition management services to
institutional clients. MTMS focuses on reducing transition costs by
minimizing market impact and maximizing market liquidity in a
risk-controlled environment. Supported by state-of-the-art trading
and analytic systems, a dedicated portfolio management team
oversees the transition process from pre- trade planning to
post-trade analysis. The Bank of New York Mellon Corporation is a
global financial services company focused on helping clients manage
and move their financial assets, operating in 37 countries and
serving more than 100 markets. The company 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 and treasury
services through a worldwide client-focused team. It has more than
$20 trillion in assets under custody and administration and more
than $1 trillion in assets under management. Additional information
is available at http://www.bnymellon.com/. DATASOURCE: The Bank of
New York Mellon Corporation CONTACT: Mike Dunn of The Bank of New
York Mellon Corporation, +1-212-922-7859, Web site:
http://www.bnymellon.com/
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