The Bank of New York Mellon Appoints Art Certosimo to Executive Committee

PRNewswire
NEW YORK
(NYSE:BK)
Feb 17, 2009

NEW YORK, February 17, 2009 — The Bank of New York Mellon has appointed Art Certosimo to its Executive Committee, the company's senior management committee that oversees day-to-day operations and sets strategy and policies.

Certosimo is currently executive vice president and head of Broker-Dealer Services and Alternative Investment Services. In this role, he leads the delivery of collateral management and securities clearance services to financial institutions and corporations worldwide, as well as administration services to hedge funds and private equity funds.

"As head of Broker Dealer Services and Alternative Investment Services, Art has led businesses that have enjoyed consistently strong revenue and bottom line growth, posted significant market share gains globally, and received high marks for excellent client service," said Robert P. Kelly, chairman and CEO of The Bank of New York Mellon. "His relentless focus on innovation has led to a series of service solutions that address our client' needs in the rapidly changing capital markets."

The Bank of New York Mellon is the largest U.S. securities clearance agent, handling half of all U.S. government clearing volume, and is the world's leading collateral management agent, servicing over $1.8 Trillion daily in tri-party balances. The company's Alternative Investment Services business has over $200 billion in assets under administration.

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 $20.2 trillion in assets under custody and administration, $928 billion in assets under management and services more than $11 trillion in outstanding debt. Additional information is available at www.bnymellon.com.