New headquarters designed to foster greater collaboration for employees
TORONTO, June 14, 2017 /CNW/ - CIBC Mellon is moving its headquarters to 1 York Street, at the corner of York and Harbour Streets in Toronto's South Core business district. The company's newly-constructed downtown Toronto office was designed as part of CIBC Mellon's ongoing investment in fostering a great employee experience, with features such as bright open-concept workspaces, an array of employee amenities, and an even closer connection to Toronto's Union Station transit hub and underground PATH walkway.
The company is transferring all of its employees from its former downtown Toronto headquarters at 320 Bay Street, while continuing to recruit diverse talent for its offices in Toronto, Mississauga and across Canada. CIBC Mellon's move to One York entails relocating more than 900 Toronto-based employees – the first two phases of the move have been completed, with the remainder of the team moving in phases in late June and early July.
"Selecting this dynamic, prime location is a substantial investment in our company's future," said Steven Wolff, President and Chief Executive Officer, CIBC Mellon. "The new location of our headquarters highlights our commitment to providing our employees with a modern and collaborative work experience."
"The employee experience is a key priority for CIBC Mellon and this was a primary consideration for our relocation," said Maple Tam, Vice President, Chief Human Resources Officer, CIBC Mellon. "We have designed the new workspace to reflect our culture where collaboration, innovation and commitment to excellent client service come together."
Among the features of CIBC Mellon's new office at One York, the company's employees will have access to an outdoor terrace, with picturesque views of the cityscape and waterfront, a reflection room, an employee lounge, and many areas for informal collaboration. Jobseekers can explore the employee experience at CIBC Mellon at http://www.cibcmellon.com/careers or follow the company on Twitter at @CIBCMellon.
Employees' telephone and email contact information remains unchanged, and mail services continue in parallel during the move. The company's new mailing address is:
1 York Street, Suite 900
Toronto, ON M5J 0B6
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 March 31, 2017, 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 March 31, 2017 had US$30.6 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
For further information: Jennifer Israel, Corporate Communications, CIBC Mellon, 416-643-6538, email@example.com