BNY Mellon Names Peetz President
December 14, 2012
BNY Mellon named Karen B. Peetz president.
The investment manager and services provider said Peetz, who had been vice chairman and chief executive officer of financial markets and treasury services, will continue to report to chief executive Gerald L. Hassell.
Peetz will oversee client management, treasury services and human resources.
The company also named Timothy F. Keaney the chief executive officer of its investment services operations, which will include the firm’s asset servicing, corporate trust, depositary receipts, global markets, global collateral services, broker dealer services, and Pershing businesses under his leadership. Keaney is currently Vice Chairman and Chief Executive Officer of Asset Servicing.
Brian T. Shea becomes president of Investment Services and head of BNY Mellon's Global Operations and Technology group. He will also continue in his role as Chief Executive Officer of BNY Mellon's Pershing subsidiary and as head of broker dealer and advisor services.
Vice Chairman Curtis Y. Arledge continues as chief executive officer of Investment Management, BNY Mellon's asset and wealth management businesses.
The appointments will be effective Jan. 1, 2013..
Peetz joined BNY Mellon in 1998. In her current position, she oversees treasury services, corporate trust, depositary receipts, Pershing, broker dealer global clearance and U.S. tri-party services. She is the chair of BNY Mellon's Women's Initiatives Network and in 2011 was named the most powerful woman in banking by American Banker.