Press Release
Contacts: Louisa Bartoszek+44 20 7163 2826 louisa.bartoszek@bnymellon.com
BNY Mellon CEO Gerald Hassell opens new Korean headquarters
SEOUL, 16 March 2012 - Gerald L. Hassell, chairman, president
and chief executive officer of BNY Mellon, officially opened
the company's new office at the International Finance Centre
(IFC) Seoul in a ribbon cutting ceremony attended by
employees on Wednesday.
"Today's celebrations mark the beginning of an exciting new
chapter for BNY Mellon in Korea and underscore our long-term
investment in the Korean market," said BNY Mellon's Hassell,
speaking at the official launch. "There are many areas where
further collaboration between BNY Mellon and Korean financial
institutions can bring great mutual benefit. We will continue
to add the best people, products and services and ensure we
deliver the full breadth of our company's capabilities to
support our clients in this competitive global
marketplace."
The move to the state-of-the-art International Finance Centre
(IFC) Seoul reflects BNY Mellon's growing presence and
long-term commitment to the Korean market. The company has
let the 29th floor in Tower 1, which comprises
1,531.8 sq m (16,482 sq ft), which provides additional space
and world class facilities to accommodate BNY Mellon's
expanding employee base, as well as strengthen its capacity
to respond to increasing demand for its products and
services.
Dr YS Kim, Country Executive for BNY Mellon in Korea, added:
"It is our exceptional team here that delivers the high
quality service our clients know us for. I would like to take
this opportunity to thank our employees for their tremendous
contribution in making our business in Korea a success. I
feel privileged to work with such an outstanding team of
people - we are very excited about the future."
BNY Mellon has been active in Korea for almost 25 years and
today provides a wide variety of products and services to
Korean institutions including asset management, asset
servicing, depositary receipts, treasury services, corporate
trust and foreign exchange services.
-ends-
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 $25.8 trillion in assets under custody and administration and
$1.26 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation.
Additional information is available on www.bnymellon.com or follow us on Twitter@BNYMellon.
distributed by | This press release was issued by The Bank of New York Mellon Corporation and was initially posted at http://www.bankofny.com. It was distributed, unedited and unaltered, by noodls on 2012-03-16 12:28:09 PM. The issuer is solely responsible for the accuracy of the information contained therein. |