BNY Mellon Appoints Paul Gately and John Lehner to Key Roles Within Outsourcing Business

29 May, 2012

NEW YORK, May 29, 2012 — BNY Mellon, the global leader in investment management and investment services, has announced the appointment of Paul Gately as head of its global outsourcing business, which encompasses the company's OnCore integrated outsourcing solution.

Gately will report to John Lehner, who recently took responsibility for the strategic oversight of BNY Mellon's outsourcing business, reporting to Lou Maiuri, Head of the Global Financial Institutions within company's Asset Servicing business. Lehner will retain his role as President & CEO of Eagle Investment Systems, based in Boston.

Gately, who is based in New York, has over 25 years' experience in the asset management, trustee and custody spaces working for amongst others Standard Chartered Bank, AIG and Commonwealth Bank of Australia. He has held two COO roles at large global asset managers and most recently was engaged as a consultant at Eagle, focusing on its outsourcing and insurance services initiatives for BNY Mellon.

Lou Maiuri said: "We continue to see tremendous opportunity for our outsourcing services given our unique ability to span the spectrum of installed or hosted software to component based outsourcing to full BPO. Our ability to combine and deliver or breath of services in a variety of delivery methods is resonating with the market. Under John and Paul's leadership, we anticipate this business to be a significant driver of growth for our Asset Servicing business globally."

 

BNY Mellon's Asset Servicing business supports institutional investors in today’s fast-evolving markets, safeguarding assets and enhancing the management and administration of client investments through services that process, monitor and measure data from around the world. We leverage our global footprint and local expertise to deliver insight and solutions across every stage of the investment lifecycle.

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $26.6 trillion in assets under custody and administration and $1.3 trillion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.4 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com or follow us on Twitter @BNYMellon.

Contact:
Emily Bonkowski
Eagle Investment Systems LLC
+1 781 943 2031
ebonkowski @eagleinvsys.com 

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Eagle Investment Systems LLC is a leading global provider of financial technology solutions.Eagle's data management, investment accounting and performance measurement solutions integrate and streamline the investment process in support of achieving improved business efficiencies at a lower cost of ownership.