From The Globe and Mail

CIBC Mellon is pleased to announce the appointment of Thomas S. Monahan as President and Chief Executive Officer of CIBC Mellon Global Securities Services Company and CIBC Mellon Trust Company.

As President and Chief Executive Officer, Mr. Monahan is responsible for the overall strategy and performance of CIBC Mellon. Mr. Monahan has more than 30 years of experience in the investment industry. Prior to assuming his current role, he was Head of CIBC Woody Gundy for 10 years, and was Chairman and Chief Executive Officer of CIBC Investor Services Inc. for seven years.

CIBC Mellon is 50-50 jointly owned by BNY Mellon and CIBC. BNY Mellon is the world's largest asset servicer with US$22.1 trillion in assets under custody and administration, and more than $966 billion in assets under management. CIBC Mellon Global Securities Services Company is a leading provider of financial services for institutions and corporations, providing superior asset servicing, multicurrency accounting, information delivery, securities lending and foreign exchange services in Canada. CIBC Mellon Trust Company is a leading provider of stock transfer, employee plans and trustee services in Canada.