BNY Mellon celebrates fifth anniversary in Pune

Dec 14, 2009

PUNE, 12 December 2009 — BNY Mellon, the global leader in asset management and securities servicing, celebrated its fifth anniversary in Pune today with a thank-you picnic and awards ceremony for employees and invited guests at the Chokhi Dhani.

BNY Mellon established an operations centre in Pune in December 2004 to provide world class support and services to the company's global businesses. Today, BNY Mellon employs over 1,800 well-trained permanent operations professionals in Pune performing a wide-range of financial services processes for BNY Mellon's asset servicing, asset management, wealth management, financial markets and treasury services and other global businesses. All employees are based in Magarpatta City, Pune, giving the company a significant presence in one of the world's most rapidly growing markets. BNY Mellon opened its third facility in Pune in March 2009.

"Today is a celebration not just for BNY Mellon, but for all our employees who, since we opened our doors here in 2004, have shown tremendous dedication and extraordinary team spirit," said Mr. Jim McEleney, CEO of BNY Mellon's Pune operations. "Our employees in Pune are a meaningful part of the strong recognition for service excellence which BNY Mellon enjoys worldwide."

"I have been very impressed by the incredible wealth of talent within our Pune operations and I feel privileged to work with such an outstanding team of professionals who are committed both to their work and their community," added Mr. McEleney.

Mr. Christopher Sturdy, Chairman of BNY Mellon in Asia-Pacific, added: "I am delighted to wish our Pune team a happy fifth anniversary. Our global business continues to flourish thanks to a continuous drive to provide superior service and operational efficiency from the hugely talented group of people within the team."

BNY Mellon International Operations (India) Private Limited is the legal entity of BNY Mellon in Pune, India. BNY Mellon International Operations (India) Private Limited is a wholly owned subsidiary of BNY Mellon.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. BNY Mellon 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. BNY Mellon 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 $22.1 trillion in assets under custody and administration and $966 billion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. Additional information is available at www.bnymellon.com.