CIBC Mellon Global Securities Services Company has been reappointed by the Workplace Health, Safety and Compensation Commission of Newfoundland and Labrador (WHSCC) to deliver custody, securities lending and performance and risk analytics for the Commission's investment fund. "CIBC Mellon is committed to helping us meet our evolving risk management needs," said Paul Kavanagh, chief financial and information officer, WHSCC. "The company has been able to deliver a wide-range of customized performance and risk reporting solutions that have helped us efficiently meet our new governance standards. We look forward to continuing our strong relationship with CIBC Mellon." "We are honoured to be reappointed by the WHSCC," said Thomas S. Monahan, president and chief executive officer, CIBC Mellon. "Over the past year, we have worked with institutional investors to enhance their risk management procedures as they strive for greater confidence. We are pleased to help the WHSCC achieve its goal, and we are committed to continuing to assist our clients in strengthening their governance structures."
