CIBC Mellon Appoints Bill Graves Chief Technology and Data Officer

Newly-created position to help CIBC Mellon support Canadian asset owners and asset managers in moving into a new era focused on data

TORONTO, Nov. 30, 2017 /CNW/ - CIBC Mellon announced today that Bill Graves has joined the company as Chief Technology and Data Officer. With this newly-created role, CIBC Mellon is well positioned to further strengthen its ability to meet clients' evolving needs as the industry drives forward into a new era of data, technology enablement and cyber security. In his new role, Bill is responsible for leading CIBC Mellon's technology mandate, which includes overseeing the company's data strategy and client technologies, as well as aligning CIBC Mellon's technological solutions with its parent companies, CIBC and BNY Mellon. 

"CIBC Mellon is investing in people and processes as we look to support our clients in entering the data era. It's important to continue to invest in technological capabilities, innovations and solutions to help propel our clients, employees and company forward," said Steven Wolff, President and CEO, CIBC Mellon.‎ "Bill brings extensive and relevant experience to his new role, and I am confident Bill will help us empower clients and support them in navigating the rapidly expanding and complex data environment."

"I am excited to join CIBC Mellon at this time of change and I look forward to helping support institutional investors' technology and data needs," said Bill Graves, Chief Technology and Data Officer, CIBC Mellon. "I'm proud to join a company that puts clients at the centre, has a prudent risk culture and strong cyber security measures, and I look forward to leading CIBC Mellon's technology and data strategy into the future."

Before joining CIBC Mellon, Bill held senior technology and data roles in the financial services sector for over 20 years. In his previous position, Bill served in a senior role at a leading Canada-based financial services group. His experience was particularly focused on driving a culture of customer centricity through technology.

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, exchange-traded fund services, pension services, securities lending services, foreign exchange processing and settlement, and treasury services. As at September 30, 2017, CIBC Mellon had more than C$1.8 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 September 30, 2017 had US$32.2 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, including CIBC Mellon's latest knowledge leadership on issues relevant to institutional investors active in Canada, visit www.cibcmellon.com.

SOURCE CIBC Mellon

Media Contact: Jennifer Israel, Corporate Communications, CIBC Mellon, 416-643-6538, [email protected]