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16.04.2008 12:25:00

Jamie Cashman Named Managing Director at Mellon Transition Management Services

SAN FRANCISCO, April 16 /PRNewswire/ --

- Will Head Global Sales and Marketing

Mellon Transition Management Services, the transition management specialist for BNY Mellon Asset Management, has promoted Jamie Cashman to managing director and global head of sales and marketing from director of marketing.

"Jamie has been an important contributor to the growth of our business in the United States," said Mark Keleher, chief executive officer of Mellon Transition Management. "In his new role, he will expand his responsibilities to cover all of the Americas and Europe, which will enable me to devote more time to expanding our transition management business in Asia."

Cashman joined Mellon Transition Management in 2003 as director of marketing. Earlier, he specialized in derivatives while working in trading and sales for the institutional equity division of Morgan Stanley & Co. and as a derivatives operational specialist supporting the money market and currency trading desks at Credit Suisse. He was awarded a bachelor's degree by Georgetown University and is a member of the CFA Society of Philadelphia, Global Association of Risk Professionals, Investment Managers Consultants Association and Professional Risk Managers' International Association.

BNY Mellon Asset Management is one of the world's largest global asset managers with more than US$1 trillion in assets under management. The multi-boutique asset management model encompasses the investment skills of world class specialist asset managers who are amongst the most advanced and highly regarded names in money management. With investment expertise that spans the asset class spectrum, BNY Mellon Asset Management offers a comprehensive suite of beta-achieving and alpha-generating investment strategies to meet the unique needs of institutional investors.

The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has more than US$23 trillion in assets under custody and administration, more than US$1.1 trillion in assets under management and services US$11 trillion in outstanding debt. Additional information is available at bnymellon.com.

Web site: http://www.bnymellon.com

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