BNY Mellon appoints Wim Hautekiet as CEO of The Bank of New York Mellon SA/NV Paul Bodart to retire following 17-year career with the company

BRUSSELS, July 20, 2012 /PRNewswire/ -- BNY Mellon, the global leader in investment management and investment services, has named Wim Hautekiet as CEO of its European banking entity The Bank of New York Mellon SA/NV, subject to regulatory approval. He is expected to succeed Paul Bodart who is retiring following 17 years with the company.

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Wim Hautekiet currently acts as deputy general counsel for BNY Mellon across the Europe, Middle East and Africa region.

"Wim Hautekiet has a deep understanding of the investment servicing business across Europe and our client needs, and is very well placed to take our European banking entity to the next level of development," said Gerald Hassell, chairman, president and chief executive officer of BNY Mellon.

"Paul Bodart has made a tremendous contribution to our business over the past 17 years for which we thank him. We are delighted that Paul will continue to be active within our industry, in a new role working for the European Central Bank as a member of the Programme Board of the T2S Project. This is an important role that is testament to his knowledge, experience and the standing with which he is held in our industry."

The Bank of New York Mellon SA/NV is headquartered in Brussels and currently has branches in Amsterdam, Frankfurt, London, Luxembourg, and Paris. It is mainly active in the securities servicing sector (asset servicing, collateral management, and trustee services).

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $27.1 trillion in assets under custody and administration and $1.3 trillion in assets under management, services $11.5 trillion in outstanding debt and processes global payments averaging $1.4 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com or follow us on Twitter@BNYMellon.

SOURCE BNY Mellon



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