BNY Mellon appoints new Heads of Client Management for US and Europe

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LONDON, December 17, 2009— BNY Mellon, the global leader in asset management and securities servicing, has appointed Heads of Client Management for both the United States and Europe.

Frank Froud, Executive Vice President, has been appointed Head of Client Management for the United States. Frank was previously responsible for Client Management in Europe and is relocating to New York to take up his new responsibilities.

Hani Kablawi, Executive Vice President, will take over responsibility for European Client Management. Hani retains his role as Chairman of Middle East and Africa, and will be relocating to London from Dubai.

Both Frank and Hani will report to Tim Keaney, Senior Executive Vice President and Head of Global Client Management.

“In the current environment, with clients going through significant change, it is even more important that we ensure that they receive the full benefit of our company's leading capabilities across its broad array of products and services,” said Tim Keaney. “Frank and Hani are exceptional leaders who really understand both the threats and opportunities that clients are facing today. They and their teams will be able to provide both valuable counsel and help deliver the whole company to our franchise clients.”

Global Client Management supports approximately 200 of BNY Mellon’s franchise clients around the world, working with all lines of business to ensure that these clients have access to and benefit from the full range of the company’s products and services.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $22.1 trillion in assets under custody and administration and $966 billion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. Additional information is available at www.bnymellon.com.

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