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BNY Mellon Names Karen Peetz President - Quick Facts

12/14/2012 8:11 AM ET

BNY Mellon (BK: Quote) announced the appointment of Karen Peetz as the President of BNY Mellon. Peetz is currently Vice Chairman and Chief Executive Officer of Financial Markets & Treasury Services. As President, Peetz will lead Global Client Management, Regional Management, Treasury Services and Human Resources.

The company also announced executive appointments. The appointments will be effective Jan. 1.

Timothy 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. Keaney is currently Vice Chairman and Chief Executive Officer of Asset Servicing. He will retain his Vice Chairman title.

Brian Shea will be named President of Investment Services and head of BNY Mellon's Global Operations and Technology group. He 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.

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by RTT Staff Writer

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