David Linds to retire from CIBC Mellon; Rob Ferguson and Richard Anton take on new executive roles

• David Linds to retire after 25+ years of service to CIBC and CIBC Mellon
• Rob Ferguson appointed Senior Vice President, Capital Markets, Business Development and Relationship Management
• Richard Anton appointed Senior Vice President, Chief Operations Officer

TORONTO, May 4, 2015 /CNW/ - CIBC Mellon, a Canadian leader in asset servicing, announced today that David Linds will be retiring from his role as Senior Vice President, Business Development and Relationship Management on July 1, 2015.  The company also announced that Rob Ferguson has been appointed Senior Vice President, Capital Markets, Business Development and Relationship Management and that Richard Anton has been appointed Senior Vice President and Chief Operations Officer, with both appointments effective July 1, 2015. 

David Linds has been with CIBC Mellon since inception, and has led the company's sales and relationship management functions for more than a decade.  Linds previously served as a member of and chair of the board of directors for Tafelmusik Baroque Orchestra and Chamber Choir.  For many years, he has also volunteered as an account executive in support of United Way Toronto's annual fundraising campaign. 

"A leader throughout CIBC Mellon's history, David Linds helped grow the company to more than $1.5 trillion of client assets under administration from $100 billion over the past 16 years," said Tom Monahan, President and CEO, CIBC Mellon.  "David's leadership, insights and relationship skills have been invaluable throughout the company's journey, and his passion for the business and for our clients is a point of great admiration across the firm." 

In the newly-created role of Senior Vice President, Capital Markets, Business Development and Relationship Management, Rob Ferguson will take on overall responsibility for building and strengthening CIBC Mellon's relationships with clients across the asset servicing spectrum.  Ferguson has 25 years of industry experience, having joined CIBC Mellon at the company's inception in 1996.  Ferguson's prior roles at CIBC Mellon include Vice President, Product and Client service, Co-Head of Global Securities Lending, and most recently Senior Vice President, Capital Markets and Product Delivery. 

With his appointment to the role of Senior Vice President and Chief Operations Officer, Richard Anton will continue to lead CIBC Mellon's Client Service Delivery teams, while also taking on responsibility for the company's corporate project office, product management and centralized client administration functions.  Anton joined CIBC Mellon in 2014 in the role of Vice President, Operations and has nearly 20 years of financial industry experience.  His former roles include serving as Senior Vice President and Chief Operations Officer, State Street Cayman Trust Company Ltd; Chair of the Board of Directors for State Street Cayman Trust Company Ltd.; and, as a member of the Board of Directors for State Street Fund Services Toronto. 

"Rob and Richard are both visionary leaders with deep insights into the current and emerging needs of sophisticated investment management, financial services and pension fund clients in Canada." said Tom Monahan, President and CEO, CIBC Mellon.  "They are well positioned to help CIBC Mellon continue to move forward in delivering global solutions in Canada with client-focused service excellence." 

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 March 31, 2015, CIBC Mellon had more than C$1.5 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 March 31, 2015 had US$28.5 trillion in assets under custody and/or administration and US$1.74 trillion in assets under management.  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 - including CIBC Mellon's latest knowledge leadership on issues relevant to institutional investors active in Canada - visit cibcmellon.com or follow us on Twitter @CIBCMellon.

SOURCE CIBC Mellon

Media Contacts: Brent Merriman, Corporate Communications, CIBC Mellon, [email protected], [phone]