President Obama Names BNY Mellon General Counsel Jane Sherburne to Serve on Council of the Administrative Conference of the U.S

^{Published on 2010-07-09 15:55:38 - Market Wire}
 

President Obama Names BNY Mellon General Counsel Jane Sherburne to Serve on Council... -- NEW YORK, July 9 /PRNewswire-FirstCall/ --

NEW YORK, July 9/PRNewswire-FirstCall/ --BNY Mellon, the global leader in asset management and securities servicing, today announced that Jane Sherburne, senior executive vice president and general counsel, has been appointed by President Obama to serve on the Council of the Administrative Conference (ACUS) of the United States.  Members of the ACUS, a non-partisan public-private partnership designed to make government work better, are individuals from distinguished backgrounds who are devoted to enhancing the efficiency, effectiveness, and transparency of our government.

"I am pleased that these outstanding individuals will lend their talents to ACUS's vital mission of providing nonpartisan, practical assessments and recommendations to improve agency procedures and operations," President Obama said in making the appointments.

"I applaud the President's decision to appoint Jane Sherburne to this key commission.  Improving and reforming the way government functions is a critical issue facing our industry and business in this country.  Jane's leadership and experience in this area make her an outstanding choice to partner with other distinguished thought leaders in taking on the Council's critical mission," said BNY Mellon Chairman and CEO Robert P. Kelly.

Sherburne joined BNY Mellon in May 2010.  Since early 2009 she conducted her own legal practice and prior to that she was Senior Executive Vice President and General Counsel of Wachovia Corporation, which she joined in mid-2008.  Beginning in 2001, Ms. Sherburne worked for Citigroup serving as Deputy General Counsel and Senior Deputy General Counsel of Citigroup, and General Counsel of Citigroup's Global Consumer Group.  She also served as a partner at the Washington, D.C., law firm of Wilmer Cutler& Pickering, where her litigation practice included crisis management, Congressional investigations and complex civil litigation. She also served as special counsel to President Bill Clinton, where her team responded to White House ethics investigations.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $22.4 trillion in assets under custody and administration, $1.1 trillion in assets under management, services $11.80 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day. Additional information is available at [ www.bnymellon.com ].

SOURCE BNY Mellon