The Bank of New York Mellon Appoints Rene Boettcher as Chairman of Latin America Region
December 05 2008 - 8:30AM
PR Newswire (US)
NEW YORK, Dec. 5 /PRNewswire-FirstCall/ -- The Bank of New York
Mellon, the global leader in asset management and securities
servicing, has appointed Rene Boettcher as chairman of the Latin
America region, which comprises all countries south of the United
States. In his new position, Boettcher will lead the development
and implementation of the Company's business strategy and chair its
Latin America Management Committee. He will also continue to serve
as head of client management for Latin America, reporting in that
role to Bill Williams, head of developing markets client
management. Karen Peetz, chief executive officer of Financial
Markets and Treasury Services, will be the Executive Committee
sponsor for Latin America. Boettcher joined the company's
Depositary Receipt business in 1996 and was instrumental in leading
new business development throughout the Latin America region. In
October 1997, he moved to Brazil to become the company's country
manager for Depositary Receipt and Corporate Trust-related sales
and relationship management efforts. He returned to New York City
in 2005 to assume the role of head of sales and marketing for the
Latin America region within the Depositary Receipt business. In
January 2007, he became head of client management for Latin
America. "International expansion continues to be one of our
strategic priorities, and Latin America is a region that is host to
some of the fastest developing economies in the world," said Robert
P. Kelly, chairman and chief executive officer of The Bank of New
York Mellon. "With Rene's deep understanding of and experience in
the region, he is the right leader to oversee our ongoing expansion
and growth in Latin America." The Bank of New York Mellon has been
conducting business in Latin America for over 100 years. The
Company has representative offices in Brazil, Mexico, Chile and
Argentina, as well as significant local operations in Brazil, and
holds a banking license in Mexico. It recently completed the
acquisition of ARX Capital Management, a leading asset management
business in Brazil, making BNY Mellon Asset Management Brasil one
of the leading asset managers in the country. The Company offers a
full range of securities servicing, global payments, asset
management and trade finance products. The Bank of New York Mellon
Corporation is a global financial services company focused on
helping clients manage and service their financial assets,
operating in 34 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, clearing services and treasury services
through a worldwide client-focused team. It has $22.4 trillion in
assets under custody and administration, approximately $1.1
trillion in assets under management and services approximately $12
trillion in outstanding debt. Additional information is available
at bnymellon.com. DATASOURCE: The Bank of New York Mellon
Corporation CONTACT: Kevin Heine, of The Bank of New York Mellon
Corporation, +1-212-635-1569, Web Site: http://www.bnymellon.com/
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