Quebec expansion of relationship management team in keeping with company's growth in the region
TORONTO, Jan. 25, 2017 /CNW/ - CIBC Mellon today announced that Michael Garneau has joined the company's relationship management team as a Relationship Executive. In his new role, Michael is responsible for managing client relationships, supporting continued growth in the Quebec region, and providing excellent client service for pension, investment fund, insurance, corporate and other Canadian institutional investors based in Quebec.
"We are dedicated to being a leader in client service, and meeting clients' growing needs in Quebec. On that commitment, and in keeping with servicing our expansion in the province, I am pleased to welcome Michael to this role, enabling us to better serve our growing base of local clients in the Quebec region," said Jeffrey Alexander, Vice President, Head of Relationship Management, CIBC Mellon. "Michael brings over two decades of related experience to this role. His appointment further strengthens the company's relationship management team in Quebec."
"I am proud to join CIBC Mellon and work with the company's institutional investor clients in the Quebec area," said Michael Garneau, Relationship Executive, CIBC Mellon. "I am excited to provide client-focused service excellence as CIBC Mellon's Quebec office continues to grow its service team along with its business."
Prior to joining CIBC Mellon, Michael held progressively senior roles for over 20 years in the asset servicing and financial services industry, specifically in the areas of relationship management, sales, client service and operations. Michael will be reporting to Tim Rourke, Vice President, Relationship Management and Pension Practice Lead at CIBC Mellon.
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, exchange-traded fund services, securities lending services, foreign exchange processing and settlement, and treasury services. As at December 31, 2016, CIBC Mellon had more than C$1.7 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 December 31, 2016 had US$29.9 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
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For further information: Jennifer Israel, Corporate Communications, CIBC Mellon, 416-643-6538, [email protected]