New role created to support accelerated business growth in India

HONG KONG, 12 May 2010 — BNY Mellon, the global leader in asset management and securities servicing, has appointed Nisha Pereira as Vice President and Senior Relationship Manager in India. Pereira will report to Aneish Kumar, Head of Treasury Services for the Indian Sub-continent.

Located in Mumbai, Pereira will be responsible for supporting the continued growth of the company’s Treasury Services business throughout the Indian Sub-continent focusing on cash management and trade finance.

Commenting on why India is a key growth market for BNY Mellon, Kumar said: “While economic growth in developed markets is only starting to slowly recover, the outlook for India in 2010/11 is much more positive. Banks in India were relatively untouched by the financial crisis and as a result, India is steadily becoming an investment haven offering high saving rates for the population’s fast-rising incomes. For example, workers’ remittances to India are expected to touch US$100 billion in the next four years.

“As the market accelerates, BNY Mellon can provide the efficient, cost effective and robust cash management, trade and payments infrastructure that Indian institutions need,” added Kumar.

Pereira’s career spans more than 18 years, during which time she has held a number of senior management positions in the fields of treasury services and corporate finance at Bank of America. In her most recent position, Vice President – Global Product Solutions, Pereira was responsible for revenue growth in north and west India for banks and non-bank financial institutions.

“Nisha is an outstanding banking specialist whose strong local expertise will unquestionably support the acceleration of our cash and trade business in India,” said Kumar.

Through a global network of branches, representative offices and correspondent banks, BNY Mellon’s Treasury Services business provides comprehensive Cash Management, Liquidity Management, Trade, Foreign Exchange and Credit services. A premier provider, it is a market maker in over 100 currencies, and its derivatives offerings include a full range of currency, equity and interest rate products.

BNY Mellon opened its representative office in Mumbai in 1983 and established an operations centre in Pune in 2004 to provide world class support and services to the company’s global businesses. Today the company has over 4,000 employees in India including more than 2,000 IT professionals at its wholly owned subsidiary iNautix in Chennai.

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 $22.4 trillion in assets under custody and administration, $1.1 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day. Additional information is available at www.bnymellon.com.