The Bank of New York Mellon (NYSE:BK) today announced the appointment of Eric Kamback as chief executive officer of its Treasury Services group. Previously deputy head of Treasury Services, Kamback assumes responsibility for the company's global payments, trade services and cash management businesses, succeeding Robert W. Stasik, who is retiring after 35 years of distinguished service to pursue other opportunities.
Kamback joined The Bank of New York Mellon in 1980, and has had a significant role in the growth of a broad range of The Bank of New York Mellon businesses, including mutual funds, asset servicing, corporate trust, and shareowner services. In recent years he has focused on the development of technology-driven products and services, notably in the areas of global mass payments, global remittances and image-based deposit products, and increasing the global presence of the Treasury Services group, significantly expanding its client base in Europe, Asia and the Middle East, as well as the Americas.
A frequent speaker at international conferences and a featured participant at industry roundtables around the world, Kamback has fostered a business-wide focus on industry leadership and participation, facilitating Treasury Services group involvement in a number of domestic and global industry organizations.
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