The Bank of New York Mellon Appoints John Hills as Head of Treasury Services for South Asia

PRNewswire
HONG KONG
(NYSE:BK)
Feb 26, 2009

Treasury services expert to head teams in Singapore, Vietnam, the Philippines, Indonesia, Malaysia, Thailand and Australia

HONG KONG, 26 February, 2009 — The Bank of New York Mellon has appointed John Hills as head of treasury services for South Asia. Reporting to A. Richard Brown, Hong Kong-based head of treasury services for Asia, Hills will lead the Bank of New York Mellon's treasury services teams for Singapore, Vietnam, the Philippines, Indonesia, Malaysia, Thailand and Australia from his office in Singapore.

Hills joined The Bank of New York Mellon in 2008 as head of sales for South Asia following two years as Wells Fargo's regional representative in South East Asia. From 1979 to 2006, he served in several regional management roles with Bank of California/Union Bank of California, including chief representative in Malaysia and Singapore, chief representative in Indonesia, and regional manager for Indonesia, Malaysia, Singapore, Thailand, Cambodia and Laos. He has served as vice president of the Indonesian Bank Representative Office Association and was a member of the Administrative Board of the University of Washington-affiliated Pacific Rim Bankers Association.

"John brings a wealth of treasury services expertise and regional experience to his new responsibilities," said A. Richard Brown. "Increasing the depth of our management team is an important part of our overall strategic commitment to growing our presence in the Asia Pacific region, and John's appointment marks an important step in that direction."

The Bank of New York Mellon has been conducting business in the Asia Pacific region for over 50 years. The company has 16 offices in 12 countries in the region, including full-service branches in Shanghai, Tokyo, Hong Kong, Singapore, Seoul, and Taipei, and employs around 4,000 employees. Businesses represented in the Asia Pacific region include asset servicing, asset management, issuer services and treasury services.

With locations in 34 countries on six continents and a network of more than 2,000 correspondent financial institutions, The Bank of New York Mellon's Treasury Services group delivers high-quality performance in global payments, trade services, cash management, capital markets, foreign exchange and derivatives. It helps clients optimize cash flow, manage liquidity and make payments more efficiently around the world in more than 100 currencies. Processing more than $1.8 trillion in payments transactions on a daily basis, the company is a top-five participant in both the CHIPS and overall funds transfer markets, and is a recognized leader in the delivery of white-label treasury services solutions for banks and other large institutional clients.

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.