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BNY Mellon president Karen B. Peetz to retire

Staff Writer |
New York, N.Y., USA - September 28, 2016, New York, N.Y., USA - BNY Mellon announced that Karen B. Peetz, president, has decided to retire from the company at year end.

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Ms. Peetz, BNY Mellon's first female president, joined the company in 1998 and has played a pivotal role through periods of significant change in the organization, including the successful navigation of post-financial crisis challenges and the adoption of a more strategic, market- and solutions-led approach to client relationship management.

Ms. Peetz has been consistently recognized for her contributions to the financial services industry and has been named #1 on American Banker's "25 Most Powerful Women in Banking" ranking in recognition of her management style, crisis management skills, influence and charitable endeavors.

Ms. Peetz oversees the company's global client management and regional management, its treasury services business and its regulatory oversight functions.

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