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Carolyn Weinberg Joins BNY as Chief Solutions Innovation Officer

1. Carolyn Weinberg appointed as Chief Solutions Innovation Officer at BNY. 2. Weinberg's role emphasizes product innovation and client-centric solutions. 3. She previously led product innovation at BlackRock, Citibank, and Deutsche Bank. 4. BNY manages $52.1 trillion in assets under custody and $2 trillion under management. 5. BNY's culture of innovation aims to enhance capital market trends.

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FAQ

Why Bullish?

Weinberg's expertise can drive innovation, potentially increasing BNY's client satisfaction and revenue, similar to past leadership changes that led to growth.

How important is it?

Leadership changes can lead to strategic shifts, influencing operational effectiveness and market competitiveness.

Why Long Term?

Investment in innovation may take time to yield results, following trends in the industry where innovation boosts competitive advantage over time.

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BLKCDB
, /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced the appointment of Carolyn Weinberg as its Chief Solutions Innovation Officer.  Ms. Weinberg will join the company on February 3 and be a member of the BNY Executive Committee.  "I am delighted to welcome Carolyn to BNY," said Robin Vince, Chief Executive Officer. "Fostering BNY's culture of innovation and curiosity is essential, and Carolyn's breadth of experience in product innovation, development and commercialization will enhance our ability to quickly grasp and cater to the biggest trends in capital markets."  "Finding new ways to leverage platforms and data to create client-centric solutions is a growing part of what BNY's strategic pillar – be more for our clients – means," said Ms. Weinberg. "I am excited to be working closely with teams across the company to help imagine and commercialize new products and solutions that meet client needs."  Ms. Weinberg joins BNY from BlackRock, where she most recently served as Chief Product Innovation Officer and led product innovation, development and commercialization globally for the firm. Earlier in her career, she led Markets businesses at Citibank and Deutsche Bank, where she developed client solutions across risk management, structured financing and fixed income derivatives.  About BNY BNY is a global financial services company that helps make money work for the world – managing it, moving it and keeping it safe. For more than 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally to access the money they need. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals, and so much more. As of December 31, 2024, BNY oversees $52.1 trillion in assets under custody and/or administration and $2.0 trillion in assets under management.  BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY employs over 50,000 people globally and has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news. MediaStan Neve[email protected] SOURCE BNY WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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