Newly created position oversees the firm's Wealth Management business in key wealth markets

MIAMI and TAMPA, September 5, 2013 — BNY Mellon, the global leader in investment management and investment services, has promoted Lisa Simington to a newly created role overseeing BNY Mellon Wealth Management’s Western Florida business, ranging from Naples to Tampa. She will begin transitioning from her current position leading the firm’s private banking effort in the Southeastern US to assume her new position by October 1. Simington will report to Craig Sutherland, BNY Mellon Wealth Management's Southeast US president and be based in the firm’s Naples office.

Western Florida is a key growth market for BNY Mellon Wealth Management and assets under management in the region have achieved a combined annual growth rate of more than 80 percent since 2007. Additionally the wealth manager has also tripled its staff in the region and plans to hire another three or four sales directors in the coming year as part of the firm’s previously announced sales force expansion in the U.S. and internationally.

Simington, who joined BNY Mellon in late 2009, has more than 25 years of experience in financial services, including positions with Wells Fargo and Goldman Sachs. During her 17 years at Wells Fargo, Simington held numerous leadership positions in both Florida and Georgia covering several lines of business, including Wealth Management, Commercial Banking and Credit/Risk Management. Her last role with Wells Fargo was as managing director of Wealth Management for Georgia. After leaving Wells Fargo in 2006, Simington joined Goldman Sachs with an investment management team in Atlanta.

“As head of the private banking effort in our Southeast region, Lisa was instrumental in helping us more than double the firm’s Southeastern loan portfolio in the past three and a half years,” said Sutherland. “Her demonstrated ability to lead large teams across multiple wealth management disciplines and consistently produce top-notch results makes Lisa ideal to lead our Western Florida business in this newly created role.”

BNY Mellon Wealth Management is among the nation’s leading wealth managers, with more than two centuries of experience in providing services to clients, who today, include financially successful individuals and families, their family offices and business enterprises, charitable gift programs, and endowments and foundations. It is a leading U.S. wealth manager with more than $175 billion in private client assets, as of June 30, 2013, and an extensive network of offices in the U.S. and internationally. BNY Mellon Wealth Management, which provides investment management, custody, wealth and estate planning and private banking services to clients, conducts business through various operating subsidiaries of The Bank of New York Mellon Corporation. For more information go to bnymellonwealthmanagement.com or follow us on Twitter @BNYMellonWealth.

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of June 30, 2013, BNY Mellon had $26.2 trillion in assets under custody and/or administration, and $1.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on bnymellon.com, or follow us on Twitter @BNYMellon.