BNY Mellon Appoints Scott Freidenrich As Executive Vice President and Treasurer

NEW YORK, April 13 /PRNewswire-FirstCall/ -- BNY Mellon, the global leader in asset management and securities servicing, today announced the appointment of Scott Freidenrich as executive vice president and treasurer.  Freidenrich will report to Thomas P. Gibbons, the company's chief financial officer, and be responsible for leading and developing the company's Treasury Group.  

Freidenrich replaces Jeff Landau, who was recently named the head of the Cash Investment Strategies group at BNY Mellon.

Freidenrich joins BNY Mellon from Citigroup where he is currently head of U.S. Institutional Sales for Prime Finance.  From 2007 to 2009, he served as Citigroup's head of Investor Relations and for the three years prior to that he served as the global treasurer for Citigroup's Corporate and Investment Bank.  Freidenrich has also held a variety of increasingly senior roles at Citigroup focused on liquidity management, balance sheet and capital management, interest rate and FX hedging, and rating agency and other external relationships.  

"Scott has extensive experience in all aspects of the Treasury function and a deep understanding of our businesses and the markets we operate in globally," said Gibbons. "He is well-regarded by both the investor and analyst communities and will be a strong addition to our management team."  

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). BNY Mellon 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.  BNY Mellon 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 $22.3 trillion in assets under custody and administration, $1.1 trillion in assets under management, services $12.0 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day.  Additional information is available at www.bnymellon.com.

SOURCE BNY Mellon

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