TORONTO, May 13 /CNW/ - Today, CIBC Mellon announced its appointment as
custodian by the Mental Health Commission of Canada.
"The appointment of our first custodian was a crucial decision for us. We
were looking for an asset servicing provider with proven expertise in the
Canadian marketplace to safeguard our important research funds," said John
Stokdijk, chief financial officer at the Mental Health Commission of Canada.
"We were extremely impressed by the time CIBC Mellon took to implement a
solution that meets our unique needs and makes the most efficient use of our
"CIBC Mellon developed a solution that provides the transparency and
security that the Commission requires to deliver on its mandate," said David
S. Linds, senior vice president, business development and client relationship
management at CIBC Mellon. "We appreciate this opportunity to support the
Commission's research activities and significant contributions to health and
well-being in Canada."
The Mental Health Commission of Canada is working toward an integrated
mental health system for Canadians living with mental illness. The Commission
encourages cooperation and collaboration among governments, mental health
service providers, employers, the scientific and research communities, as well
as Canadians living with mental illness, their families and caregivers.
CIBC Mellon is 50-50 jointly owned by Canadian Imperial Bank of Commerce
and The Bank of New York Mellon Corporation. 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 is part of The Bank of New York Mellon, which
has US$19.5 trillion in assets under custody and administration and more than
$881 billion in assets under management. CIBC Mellon Global Securities
Services Company is a sister company to CIBC Mellon Trust Company. Visit CIBC
Mellon's website at www.cibcmellon.com.
For further information:
For further information: Rashi Sharma, manager, corporate
communications, CIBC Mellon, (416) 643-6562