LONDON, July 19, 2016 /PRNewswire/ -- BNY Mellon, a
global leader in investment management and investment services,
today appointed Hani Kablawi as the new Head of Investment Services
for Europe, the Middle East and Africa (EMEA).
Formerly Head of Asset Servicing for EMEA, Kablawi will lead the
business strategy for Investment Services in the region and will
continue to be based in London.
Kablawi will report to Brian Shea,
Chief Executive Officer (CEO) of Investment Services and Michael
Cole-Fontayn, Chairman of EMEA.
"Hani's leadership during a period of unprecedented economic and
regulatory change, and his unwavering focus on our clients'
success, make him exceptionally positioned to lead our Investment
Services business in EMEA," said Brian
Shea, CEO of Investment Services at BNY Mellon. "Under
Hani's leadership we will continue to bring together buy-side and
sell-side solutions, and capitalise on our significant investment
in technology and innovation to drive growth across the
region1."
Kablawi's role will span BNY Mellon's services and solutions
across asset servicing, alternative investment services, corporate
trust services, broker-dealer services, depositary receipts and
treasury services.
He joined BNY Mellon in 1997 and has held a number of business,
functional and risk management roles based in New York, Abu
Dhabi, Dubai and
London. Kablawi is a board member
of the Arab Bankers Association and recently featured in the Top
100 inaugural UPstanding Executive Power List which celebrates the
work carried out by the Black Asian Minority Ethnic business
community.
Daron Pearce will replace Kablawi
as CEO of Asset Servicing for EMEA. Pearce has a 16-year track
record at BNY Mellon, most recently as CEO of Global Financial
Institutions for Asset Servicing. He will report to Hani Kablawi
and Samir Pandiri who is CEO of
Asset Servicing.
"Hani has developed and delivered on a comprehensive regional
plan and put Asset Servicing on a firm footing for further growth,"
said Samir Pandiri, CEO of Asset
Servicing at BNY Mellon. "Daron has terrific experience within our
company, and a deep knowledge of our clients and our Asset
Servicing business. I am confident that he will build on this
strong foundation and take the business to the next level."
Notes to editors:
BNY Mellon's Asset Servicing business supports institutional
investors in today's fast-evolving markets, safekeeping assets and
enhancing the administration of client investments through services
that process, monitor and measure data from around the world,
allowing clients to focus on the management of their investments.
We leverage our global footprint and local expertise to deliver
insight and solutions across every stage of the investment
lifecycle.
BNY Mellon is a global investments company dedicated to helping
its clients manage and service their financial assets throughout
the investment lifecycle. Whether providing financial services for
institutions, corporations or individual investors, BNY Mellon
delivers informed investment management and investment services in
35 countries and more than 100 markets. As of March 31, 2016,
BNY Mellon had $29.1 trillion in assets under custody
and/or administration, and $1.6 trillion in assets under
management. BNY Mellon can act as a single point of contact for
clients looking to create, trade, hold, manage, service, distribute
or restructure investments. BNY Mellon is the corporate brand of
The Bank of New York Mellon Corporation (NYSE: BK). Learn more
at http://www.bnymellon.com/. Follow us on Twitter @BNYMellon
or visit our newsroom at www.bnymellon.com/newsroom for the
latest company news.
This press release is issued by The Bank of New
York Mellon to members of the financial press and media.
All information and figures source BNY Mellon unless otherwise
stated as at March 31, 2016.
The Bank of New York Mellon, London Branch, registered in England and Wales with FC005522 and BR000818.
Branch office: One Canada Square,
London E14 5AL. The Bank of New
York Mellon is supervised and regulated by the New York State Department of Financial
Services and the Federal Reserve and authorised by the Prudential
Regulation Authority.
The Bank of New York Mellon London branch is subject to regulation
by the Financial Conduct Authority and limited regulation by the
Prudential Regulation Authority.
Details about the extent of our regulation by the Prudential
Regulation Authority are available from us on request.
1 BNY Mellon has six innovation centres around the
world and opened one in London
last year.
Contact:
Malcolm Borthwick
Cheryl Krauss
+44
20 7163 4109
+ 1 212 635 8176
malcolm.borthwick@bnymellon.com
cheryl.krauss@bnymellon.com
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SOURCE BNY Mellon