Hani Kablawi takes over as EMEA Head of Client Management, retains role as Chairman of Middle East & Africa

Tarek Elrefai appointed as MEA Head of Client Managememt

Janet Johnstone becomes SEO of Dubai office

DUBAI, January 24, 2010 — BNY Mellon, a global leader in asset management and securities servicing, has announced a number of key changes to its Global Client Management organisation.

Hani Kablawi, currently based in Dubai, takes over as Head of Client Management for EMEA with responsibility for country management and franchise clients across all business lines and products in that region. While his new role is based in London, Kablawi will retain his role as Chairman of the Middle East & Africa region.

Tarek Elrefai, currently regional executive for Egypt and North Africa, will be relocating to Dubai to take over as Head of Client Management for the MEA region, with responsibility for country management and franchise clients in the Middle East & Africa.

Janet Johnstone, Dubai-based Chief Administrative Officer for the MEA region is named Senior Executive Officer of BNY Mellon’s bank branch located in the Dubai International Financial Centre (DIFC) and, in addition to her existing management duties, is responsible for ensuring that the businesses operating out of the branch conduct their activities in accordance with regulatory requirements.

Elrefai and Johnstone will continue to report to Kablawi.

Kablawi said: “Since we received our licence to operate from the DIFC in June 2008, BNY Mellon has made great strides in terms of meeting our growth aspirations and our ability to offer our clients an enhanced level of service, and under Tarek's and Janet’s leadership we will be well placed to take our plans in the region to the next level.”

Global Client Management supports BNY Mellon's top 200 franchise clients globally, delivering the entirety of BNY Mellon to this important client group. Global Client Management also has responsibility for country strategy and execution worldwide.

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 $22.3 trillion in assets under custody and administration, $1.1 trillion in assets under management, services $12 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. Additional information is available at www.bnymellon.com.