New York, N.Y., USA - December 17, 2012, New York, N.Y., USA - BNY Mellon announced several executive appointments, and appointment of Karen B. Peetz will as president, ell effective January 1, 2013.
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Ms. Peetz joined BNY Mellon in 1998 and currently serves as Vice Chairman and Chief Executive Officer of Financial Markets & Treasury Services. In her current position, she oversees Treasury Services, Corporate Trust, Depositary Receipts, Pershing, Broker Dealer Global Clearance and US Tri-Party Services. She is the chair of BNY Mellon's Women's Initiatives Network and in 2011 was named the most powerful woman in banking by American Banker.
Ms. Peetz serves on Pennsylvania State University's Board of Trustees, she is on the Board of Directors for SIFMA, the Private Export Funding Corporation (PEFCO), and SunCoke Energy. Before joining BNY Mellon, Ms. Peetz spent 16 years with JPMorgan Chase in a variety of sales and business management positions.
The company also announced that Timothy F. Keaney will be named Chief Executive Officer of Investment Services as BNY Mellon aligns its Asset Servicing, Corporate Trust, Depositary Receipts, Global Markets, Global Collateral Services, Broker Dealer Services, and Pershing businesses under his leadership.
Mr. Keaney joined the company in 2000 and is currently Vice Chairman and Chief Executive Officer of Asset Servicing; he will retain his Vice Chairman title. Before joining BNY Mellon, he worked at Deutsche Bank where he had management responsibility for sales and client management for custody, asset administration, performance measurement, asset management, funds transfer and trade finance activities. He serves on the Board of Directors of Unum.
The company also announced that Brian T. Shea will be named President of Investment Services and head of BNY Mellon's Global Operations and Technology group.
Mr. Shea will also continue in his role as Chief Executive Officer of BNY Mellon's Pershing subsidiary and as head of Broker Dealer and Advisor Services. He joined Pershing in 1983 and currently heads BNY Mellon's Broker Dealer and Advisor Services group, which includes serving as CEO of Pershing. ■