Monday, May 11, 2015

Gerald Hassell: Bank Of New York Mellon CEO

Gerald Hassell earned a BA in economics from Duke University and an MBA in finance from the New York University Stern School of Business. Gerald is a company man, having spent his entire career at  Bank of New York Mellon Corporation. 
He started out in The Bank of New York’s management development program. In the course of his career and rise through the ranks he has had direct management responsibility for the firm’s wide range of investment businesses, including assets servicing and issuer, broker-dealer, treasury and clearing services, as well as operations and technology. 
In 1994, Gerald was named to The Bank of New York’s executive committee. He was appointed president and elected to its Board of Directors in  1998. Gerald was named Chairman and Chief Executive Officer of BYN Mellon in 2011. 
Gerald is on the Board of Directors of Comsat Corporation and the Board of Trustees of Duke University. He is also on the Board of Visitors of Columbia University Medical Center and the boards of the New York Philharmonic, the Economic Club of New York ad the National September 11 Memorial & Museum. Gerald is also a member of the Financial Services Forum. 
BYN Mellon is a global investments company helping institutions, corporations and individual investors manage and service their financial assets through the investment cycle. The firm delivers informed investment management and investment services in 35 countries and more than 100 markets. BYN Mellon acts as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. 
BYN Mellon as of March 31, 2015, had $28.5 trillion in assets under custody and/or administration, and $1.7 trillion assets under management. The firm ended the first quarter of 2015 with total assets of $399.1 billion and a market capitalization of $45.1 billion. The company has more than 50,000 employees worldwide and has consistently been ranked among America’s Most Admired Companies, as compiled by Fortune magazine.   

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