Securities lending giant promotes from within 23 September 2010London Reporter: Justin Lawson
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BNY Mellon today announced the promotion of four executives to the position of vice chairman of the corporation:
Thomas (Todd) Gibbons, Chief Financial Officer
Timothy Keaney, CEO of Asset Servicing
Karen Peetz, CEO of Financial Markets and Treasury Services
Brian Rogan, Vice Chairman
In addition, Vice Chairman James Palermo will assume new responsibilities as CEO of Global Client Management and will also oversee Global Markets, Liquidity Services and Corporate Marketing. Palermo was previously co-CEO of Asset Servicing with Keaney.
Rogan's responsibilities will expand to include global operations and technology. The company's Pershing subsidiary will join the broad group of businesses reporting to Peetz.
"Each of these talented leaders has played a key role in growing our company and distinguishing our performance through turbulent markets," said Robert P. Kelly, chairman and chief executive officer of BNY Mellon. "These promotions and expanded responsibilities reflect our success in developing senior executives known for their commitment to outperforming for clients and for leading extraordinary teams around the world."
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