CIBC Mellon names Jeffrey Alexander to newly-created role of Vice President, Head of Relationship Management

Expansion of senior relationship management team in keeping with company's growth and ongoing investment in delivering exceptional client service

TORONTO, March 7, 2016 /CNW/ - CIBC Mellon, a Canadian leader in asset servicing, today announced that Jeffrey Alexander has been named to the newly-created role of Vice President, Head of Relationship Management.    In addition to leading the company's relationship management team and bringing additional senior-level relationship resources to the company's large and strategic accounts, Jeff will be responsible for bringing a unified strategy and service experience for relationship management across all industry segments, as well as working to connect clients with advanced BNY Mellon and CIBC solutions.

"Throughout his 18-year career at CIBC Mellon, Jeff has worked collaboratively with clients and colleagues to strengthen relationships and build solutions that help institutional investors respond to an evolving business, regulatory and market environment," said Rob Ferguson, Senior Vice President, Business Development, Relationship Management and Capital Markets, CIBC Mellon.  "Together with our experienced team of practice leads, relationship executives, service directors and account managers, Jeff is well positioned to help CIBC Mellon deliver on its ongoing commitment to an outstanding asset servicing client experience for pension, investment fund, insurance, corporate and other Canadian institutional investors."

"To be a leader in client service in today's marketplace, companies must consciously invest in a client-centric service experience and grow their servicing teams along with their businesses," said Jeffrey Alexander.  "CIBC Mellon has earned substantial business in recent years, launching new solutions, providing expanded services to our clients and recruiting a wide array of industry experts to service our clients.  We have great people, powerful technology and a client-centric culture. I am excited to take on this new role and to help carry on CIBC Mellon's tradition of service excellence." 

Jeff has held progressively senior roles over 18 years at CIBC Mellon, most recently serving as Vice President, Global Securities Lending, with primary responsibility for business development and relationship management for the company's global securities lending program.  Jeff reports to Rob Ferguson, who retains overall responsibility for building and strengthening CIBC Mellon's relationships with domestic and global clients and prospects across the asset servicing spectrum, as well as for global securities lending products and services, foreign exchange processing and settlement services, and treasury services.

About CIBC Mellon
CIBC Mellon is a Canadian company exclusively focused on the investment servicing needs of Canadian institutional investors and international institutional investors into Canada. Founded in 1996, CIBC Mellon is 50-50 jointly owned by The Bank of New York Mellon (BNY Mellon) and Canadian Imperial Bank of Commerce (CIBC). CIBC Mellon's investment servicing solutions for institutions and corporations are provided in close collaboration with our parent companies, and include custody, multicurrency accounting, fund administration, recordkeeping, pension services, securities lending services, foreign exchange settlement and treasury services. As at December 31, 2015, CIBC Mellon had more than C$1.6 trillion of assets under administration on behalf of banks, pension funds, investment funds, corporations, governments, insurance companies, foreign insurance trusts, foundations and global financial institutions whose clients invest in Canada. CIBC Mellon is part of the BNY Mellon network, which as at December 31, 2015 had US$28.9 trillion in assets under custody and/or administration. CIBC Mellon is a licensed user of the CIBC trade-mark and certain BNY Mellon trade-marks, is the corporate brand of CIBC Mellon Global Securities Services Company and CIBC Mellon Trust Company, and may be used as a generic term to refer to either or both companies.

For more information, visit www.cibcmellon.com or follow us on Twitter @CIBCMellon.

SOURCE CIBC Mellon

Image with caption: "CIBC Mellon names Jeffrey Alexander to newly-created role of Vice President, Head of Relationship Management (CNW Group/CIBC Mellon)". Image available at: http://photos.newswire.ca/images/download/20160307_C3330_PHOTO_EN_635911.jpg

Brent Merriman, Corporate Communications, CIBC Mellon, 416-643-5065, [email protected]