Sheena Wilson returns to London as Global Head of Talent Strategy

PUNE, 13 October 2009 — BNY Mellon, the global leader in asset management and securities servicing, has appointed Jim McEleney as CEO of BNY Mellon International Operations Private Limited, a wholly owned subsidiary of BNY Mellon in Pune, India.

McEleney, previously Managing Director for BNY Mellon Wealth Management – Family Office Services in Europe, succeeds Sheena Wilson who will be returning to London to assume the new position of Global Head of Talent Strategy. McEleney reports to Don Monks, vice chairman and Frank Dittrich, executive vice president, both located in the United States.

Based in Pune, McEleney also joins the company's Asia Pacific Operating Committee and will work closely with Chris Sturdy, Chairman of Asia Pacific and Navneet Singh, who recently joined the company as country executive for India and Chief Representative of the company's Representative Office in Mumbai.

McEleney has been with BNY Mellon for 17 years. Having worked for many years in the US, McEleney relocated to London in 2006 to establish the first European office for BNY Mellon Wealth Management, serving the global ultra-high-net-worth market. Prior to joining Wealth Management, the majority of McEleney's career with BNY Mellon had been with asset servicing, where in his last assignment he served for three years as Chief Administrative Officer of global asset servicing.

"Jim's experience and strong leadership make him ideally placed to step in and manage BNY Mellon's Pune operations through the next phase of its rapidly accelerating growth," said Sturdy. "We are pleased that Jim has taken on this important assignment and we sincerely thank Sheena for her significant leadership in Pune."

Commenting on BNY Mellon's India business, Sturdy added: "We aim to be bigger and the growth of our business here in India is a strategic imperative for our company."

BNY Mellon established an operations centre in Pune in December 2004 to provide world class support and services to the company's global businesses.

Following almost five years of rapid growth, BNY Mellon now employs over 1,700 operations professionals in Pune performing a wide-range of financial services processes for the company's asset servicing, asset management, wealth management, financial markets and treasury services and other global businesses. All employees are based in Pune, giving the company a significant presence in one of the world's most rapidly growing market areas.

Additionally, BNY Mellon employs more than 2,000 IT professionals at its wholly owned subsidiary iNautix in Chennai, and has a Representative Office in Mumbai.

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. 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 $20.7 trillion in assets under custody and administration, $926 billion in assets under management, services more than $11.8 trillion in outstanding debt, and processes global payments averaging $1.8 trillion per day. Additional information is available at bnymellon.com.