Sep 22, 2010
NEW YORK, September 22, 2010 — BNY Mellon today announced the promotion of four executives to the position of vice chairman of the corporation:
In addition, Vice Chairman James Palermo will assume new responsibilities as CEO of Global Client Management and will also oversee Global Markets, Liquidity Services and Corporate Marketing. Palermo was previously co-CEO of Asset Servicing with Keaney.
Rogan's responsibilities will expand to include global operations and technology. The company's Pershing subsidiary will join the broad group of businesses reporting to Peetz.
"Each of these talented leaders has played a key role in growing our company and distinguishing our performance through turbulent markets," said Robert P. Kelly, chairman and chief executive officer of BNY Mellon. "These promotions and expanded responsibilities reflect our success in developing senior executives known for their commitment to outperforming for clients and for leading extraordinary teams around the world."
BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 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 $21.8 trillion in assets under custody and administration and $1.0 trillion in assets under management, services $11.6 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Learn more at www.bnymellon.com.