Chong Jin Leow wins Custodian Banker of the Year

SINGAPORE, 16 October 2009 — Chong Jin Leow, head of Asia, BNY Mellon Asset Servicing, has been named Custodian Banker of the Year by Asian Investor.

Asian Investor's Annual Service Provider Awards recognise individuals and firms in the Asia securities servicing industry for exceptional performance, influence, innovation and commitment to the industry. The Asian Investor Custodian Banker of the Year category is awarded to a senior executive who has made a notable contribution to both his own company's profile and standing in the market, and who has also contributed to the better knowledge, functioning and understanding of the market as a whole.

Mr. Leow is responsible for BNY Mellon's asset servicing activities across Asia-Pacific and his achievements were highly commended by the panel of judges. In addition to positioning BNY Mellon as one of the industry's leading asset servicing providers in the region, Mr. Leow was recognised for his role in expanding the company's asset servicing presence across Asia, especially in Australia, China, India, Japan and South Korea, following many significant mandate wins. Leow was also lauded for his contribution over the past two decades in bringing securities services to Asia.

Commenting on the awards, Chris Sturdy, Chairman of Asia-Pacific at BNY Mellon said: "We are delighted that Chong has won this illustrious award as it is clearly recognition of his respected and influential position within the industry. Chong has been instrumental in helping steer our business through a challenging market environment over the last year. Pitted against some strong competition, Chong thoroughly deserves this recognition and we are very proud of his achievement."

"I am honoured to be awarded such an accolade," said Chong Jin Leow. "I accept this on behalf of the wider team who have worked so hard to sustain our growth and momentum in Asia despite the strong headwinds our industry has faced. We are proud of our reputation as a trusted partner to Asian institutions and a company that truly delivers on all of its promises. In 2010 we will continue to do what we do best, deliver outstanding client service, invest in cutting-edge technology, pioneer new innovative products and attract and retain the best talent the industry has to offer."

BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialized asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services.

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 $11.8 trillion in outstanding debt and processes global payments averaging $1.8 trillion per day. Additional information is available at www.bnymellon.com.