HONG KONG and NEW YORK, Sept. 13,
2016 /PRNewswire/ -- BNY Mellon, the global leader in
investment management and investment services, has appointed
David Cruikshank as chairman of its
Asia Pacific region. Cruikshank
succeeds Stephen Lackey, who has
been Asia-Pacific chairman since
2011 and will take on the vice chairmanship of the company's
Pennsylvania region in addition to
a new strategic client management role within the Global Client
Management group.
With more than 25 years' experience in financial services,
Cruikshank joined BNY Mellon in 2003 and leads the Corporates and
Public Finance Market Segment team within Global Client Management,
one of the four key segments served by the company. Prior to
this role, he served as Chief Executive Officer of Treasury
Services at BNY Mellon, setting the strategic direction and leading
business execution for the company's Global Payments, Trade Finance
and Cash Management business. His experience also includes acting
as Global Head of Sales and Relationship Management of Treasury
Services at BNY Mellon, working in Global Transaction Service
organizations of Citibank and ABN AMRO Bank, where he has held
various positions including European Head of Marketing, Sales and
Service; Global Head of Solution Delivery and Head of Client
Service and Implementation for North and South America.
Based in Hong Kong, Cruikshank
will chair the Asia Pacific Executive Committee and lead the
regional management team in executing the company's business
strategy for the Asia-Pacific
region. Working closely with BNY Mellon's global business heads, he
will serve as the company's primary representative with the
local regulatory authorities and oversee client management for the
region. He will report to Karen
Peetz, President of BNY Mellon.
"Asia is a key engine of growth
for BNY Mellon," said Gerald L.
Hassell, chairman and chief executive officer of BNY
Mellon. "We are excited by the opportunities ahead and stand
ready with the solutions that will assist Asian institutions power
their investment success. Our priority is to capitalize on our
significant investment in technology and innovation to provide
relevant insights and ultimately drive further growth across the
region."
"I want to recognize Stephen
Lackey for his tremendous contribution in building a solid
foundation for our business in Asia, as well as for his unwavering focus on
our clients' success. With his many years of experience and
international perspective, I am confident that David Cruikshank will continue to drive the
momentum we have gained in the region under Stephen's leadership as
Chairman of Asia Pacific."
Lackey joined BNY Mellon in 1981 and, prior to moving to
Hong Kong, served as BNY Mellon's
director of global corporate development and investor relations,
overseeing the company's merger and acquisitions activities and its
relationships with shareholders and equity/debt analysts.
During a career spanning more than thirty years, Lackey has held a
range of client-focused assignments, including his leadership of
units that supported multinational clients, communications and
technology clients and specialized industries clients.
Lackey's new responsibilities will include the ongoing
development of key client relationships and managing the APAC
client team in New York.
Additionally, as Vice Chair for the Pennsylvania region, he will partner with
Ian Stewart, Chairman of BNY Mellon
Pennsylvania, and the other executive officers of the region, to
help lead the Pittsburgh campus,
further developing and strengthening our community partnerships
within the Pittsburgh area. Steve
will continue to report to Karen
Peetz.
Notes to editors:
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 June 30, 2016, BNY Mellon had $29.5 trillion in assets under custody and/or
administration, and $1.7 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). Additional information is available on www.bnymellon.com.
Follow us on Twitter @BNYMellon or visit our newsroom at
www.bnymellon.com/newsroom for the latest company news.
Contact:
Karen Khaw
+852 2840 9732
karen.khaw@bnymellon.com
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SOURCE BNY Mellon