City of Surrey selects CIBC Mellon as asset servicing provider of choice

    TORONTO, July 7 /CNW/ - Today, CIBC Mellon Global Securities Services
announced its appointment by the City of Surrey to provide asset servicing and
accounting support for its investment book of business.
    "We chose CIBC Mellon as our asset servicing provider due to their
excellent client service model," said Vivienne Wilke, general manager, finance
and technology. "Their exceptional technology, specifically Workbench, gave us
the confidence to know that they could meet our evolving asset servicing and
accounting needs."
    "We are pleased to be the City of Surrey's service provider of choice
providing asset servicing and accounting support," said Thomas C. MacMillan,
president and chief executive officer, CIBC Mellon. "I am confident that our
unique technology solutions and dedication to superior client service will
allow us to help the City meet its current and future objectives."

    As British Columbia's second largest city, the City of Surrey is a modern
international city consisting of vibrant and distinct town centre communities
supported by a regional city centre. With a population of over 437,000, the
city embraces and is proud of its cultural diversity and unique heritage and
welcomes all people and cultures. For more information, visit the City of
Surrey's website at

    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 BNY Mellon Asset Servicing, which
has more than US$ 23 trillion in assets under custody and administration.

    CIBC Mellon Global Securities Services Company is a licensed user of the
CIBC and Mellon trademarks.

For further information:

For further information: Cheryl Ficker, director, corporate affairs,
CIBC Mellon, (416) 643-6368

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