Monday 13 October 2008

BoNY Mellon Asian Appointment

The Bank of New York Mellon, the global leader in asset management and securities servicing, has appointed Lee B. Stephens to the position of Chief Administrative Officer for the Asia Pacific region. Stephens will report to Chris Sturdy, Chairman of Asia Pacific.

Stephens joined The Bank of New York Mellon in 1990 and was most recently a member of the Global Client Management team where, as Executive Vice President and Head of Public Sector Banking, he spearheaded the company's efforts in the U.S., covering key supranational, government, municipal, endowment & foundation and other public tax-exempt enterprises.
I
n his new role, Stephens will help drive the development and build-out of the region's infrastructure to support the company's governance and growth initiatives across Asia Pacific.

"As Asia's dynamic, high-growth markets continue to develop and offer new and growing business opportunities, we have looked to enhance our management platform," said Chris Sturdy, Chairman of Asia Pacific, The Bank of New York Mellon. "Lee has an excellent reputation for diligence and a proven ability to coordinate across business lines and shared services. As we plan to accelerate our business further in Asia, he will be a valuable addition to our capabilities - both for the company and for our clients."

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