The Bank of New York Mellon appoints Timothy F. Keaney as Head of Global Client Management and Chairman of Europe
May 14 2009 - 12:21PM
PR Newswire (US)
Retains role as co-CEO of BNY Mellon Asset Servicing LONDON, May 14
/PRNewswire-FirstCall/ -- The Bank of New York Mellon, a global
leader in asset management and securities servicing, has appointed
Timothy F. Keaney as its new Head of Global Client Management and
Chairman of Europe. Keaney will also retain his existing role and
responsibilities as co-CEO of BNY Mellon Asset Servicing, working
alongside his co-CEO, James P. Palermo. Currently based in New
York, he will relocate to London to take up his new roles. As Head
of Global Client Management, Keaney will be responsible for
franchise clients across all business lines and products worldwide.
As Chairman of Europe, he will lead the regional management team in
executing the company's strategic plans and accelerating growth
across this key region. Woody Kerr, Executive Vice-President, will
take on the role of Vice-Chairman for the region reporting to
Keaney. Gerald Hassell, President of The Bank of New York Mellon,
said: "The growth of our international businesses is critical to
the overall future success of our company, and we continue to see a
number of exciting growth opportunities across Europe.
Headquartering our global client management group in this region
under Tim's leadership will ensure we continue to build upon our
success in forging strong and abiding partnerships, both with our
existing clients and new prospects globally." Tim Keaney has
significant international experience having previously served as
Head of EMEA for The Bank of New York for four years between 2003
and 2007. As co-CEO of BNY Mellon Asset Servicing, he has had
oversight of all its international businesses and operations since
2007. 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
$19.5 trillion in assets under custody and administration, $881
billion in assets under management, services more than $11 trillion
in outstanding debt and processes global payments averaging $1.8
trillion a day. Additional information is available at
http://www.bnymellon.com/ DATASOURCE: The Bank of New York Mellon
CONTACT: Ivan Royle, +44 20 7163 5850, , or Tim Steele, +44 20 7163
5850, , both of The Bank of New York Mellon Web Site:
http://www.bnymellon.com/
Copyright