Treasury services veteran brings global leadership experience and extensive product expertise to his new role

NEW YORK, October 4, 2011 — BNY Mellon, the global leader in investment management and investment services, has appointed Jeffrey Horowitz as head of sales & relationship management for BNY Mellon Treasury Services in North America.

A 24-year veteran of global transaction services, Horowitz will be responsible for sales & relationship management activities for clients in North America across all of the treasury services market segments that BNY Mellon serves, including banks, asset managers, broker dealers, insurance, health care and large corporates. Previously head of the sales and relationship management for North American financial institutions, Horowitz has served as a member of the BNY Mellon Treasury Services sales and client management leadership team for the past seven years. In addition to his service with BNY Mellon, he also has held senior treasury services positions with Standard Chartered and ABN AMRO in the U.S. and Europe.

"Jeff's leadership of sales & relationship management across all the market segments we support in North America reflects our focus on leveraging the full range of BNY Mellon's capabilities in developing innovative solutions for our clients," said Alan Verschoyle-King, global head of sales & client management for BNY Mellon Treasury Services. "With his global leadership experience and extensive product and service expertise, Jeff is superbly qualified to lead our North American team in continuing to deliver on the BNY Mellon promise of client focus and exceptional execution in helping our clients succeed."

With locations on six continents and a network of more than 2,000 correspondent financial institutions, BNY Mellon's Treasury Services group delivers high-quality performance in global payments, trade services, cash management, capital markets, foreign exchange and derivatives. It helps clients optimize cash flow, manage liquidity and make payments more efficiently around the world in more than 100 currencies. Processing more than $1.7 trillion in payments transactions on a daily basis, the company is a top-five participant in both the CHIPS and overall funds transfer markets, and is a recognized leader in the delivery of white-label treasury services solutions for banks and other large institutional clients.

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, offering superior investment management and investment services through a worldwide client-focused team. It has $26.3 trillion in assets under custody and administration and $1.3 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.7 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available at www.bnymellon.com and through Twitter @bnymellon.