On December 19, 2013 the American Red Cross Greater New York Region will welcome Karen Peetz, President of BNY Mellon, to its board of directors.
“The leadership experience Karen brings to the Red Cross will help us carry out our humanitarian mission of helping to prevent disasters in our community and to assist our neighbors affected by them,” said Josh Lockwood, CEO of the Greater New York Region.
Karen Peetz, President of BNY Mellon, oversees the company's global client management, regional management, human resources functions and its treasury services business. She also leads the company's strategic growth and global innovation efforts. Prior to her appointment as President in January 2013, she led BNY Mellon's Financial Markets & Treasury Services group, comprising the alternative investment services, broker-dealer and advisor services, corporate trust, depositary receipts, and treasury services businesses.
Before joining BNY Mellon in 1998 to run the domestic corporate trust business, Karen spent 16 years with JPMorgan Chase in a variety of sales and business management positions, including an assignment in London.
She has consistently been named among American Banker's "25 Most Powerful Women in Banking." In 2011, Karen ranked #1 in this survey, based on her responsibilities, management style, crisis management skills, influence within the industry and charitable endeavors.
Karen is on the Board of Directors for SIFMA, the Private Export Funding Corporation (PEFCO), and SunCoke Energy. Karen is the former Chair of the Board for United Way of New York City and Penn State University's Board of Trustees.
She received a Bachelor of Science degree from the Pennsylvania State University and a Master of Science degree from Johns Hopkins University.
“I am honored to be joining the Board of the American Red Cross in Greater New York,” she said. “BNY Mellon is a major supporter of the American Red Cross, and we have a strong appreciation for its unrivaled ability to respond to emergencies rapidly and decisively. I look forward to working with the organization as it continues its humanitarian mission of supporting communities in their time of greatest need.”
About the American Red Cross:
The American Red Cross shelters, feeds and provides emotional support to victims of disasters; supplies about 40 percent of the nation's blood; teaches skills that save lives; provides international humanitarian aid; and supports military members and their families. The Red Cross is a not-for-profit organization that depends on volunteers and the generosity of the American public to perform its mission. For more information, please visit redcross.org or visit us on Twitter at @RedCrossNY.
About BNY Mellon:
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of September 30, 2013, BNY Mellon had $27.4 trillion in assets under custody and/or administration, and $1.5 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com, or follow us on Twitter @BNYMellon.