BNY Mellon appoints the President of the Europe, Middle East & Africa

BNY Mellon announced the appointment of Michael Cole-Fontayn, new President of the Europe, Middle East and Africa (EMEA).

The EMEA region represents 26% of revenues (1) global and employs 10,000 people in 16 countries.

As President of the EMEA region, Cole-Fontayn will lead the regional management team in the execution of strategic plans of the company and the acceleration of growth in this key region. It will retain its existing role and responsibilities as Chief Executive Officer, received depositary to BNY Mellon. Cole-Fontayn resumed the role of President of Tim Keaney, CEO of BNY Mellon Asset servicing. Keaney moved to New York, where he will continue to conduct the business of active service around the world.

Gerald Hassell, President of BNY Mellon, said: ' the expansion of our international business is the key to the continued success of our company. We continue to see many interesting opportunities in the EMEA region, and we are well placed to take advantage of the momentum that we have acquired in the region. We continue to gain market share and benefit from our recent acquisitions of Insight Investment Management in the United Kingdom, BHF Asset maintenance of PNC Servicing of Global business investment and Germany. Michael brings many years of experience and international high powers to his new role and it is an ideal candidate to capitalize on the many accomplishments of Tim Keaney President "."

Cole-Fontayn joined BNY Mellon in 1984 and worked in the company of bailee received since 1992. Between 1993 and 2000, he ran the BNY Mellon Issuer Services Group in Hong Kong. He is a member of the Executive Committee and the World Committee of exploitation of BNY Mellon.

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