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30 May 2012
New York
Reporter Mark Dugdale

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BNY Mellon appoints two for its outsourcing business

BNY Mellon has recruited Paul Gately and John Lehner for its outsourcing business.

Gately will be the head of BNY Mellon’s global outsourcing business, which oversees the bank’s OnCore integrated outsourcing solution. He will report to Lehner, who has taken responsibility of the strategic oversight of BNY Mellon’s outsourcing business.

Lehner will report to Lou Maiuri, the head of global financial institutions within the bank's asset servicing business.

Boston-based Lehner will continue as president and CEO of Eagle Investment Systems, which provides data management, investment accounting and performance measurement solutions, and is a subsidiary of BNY Mellon.

Gately, who is based in New York, previously worked as a consultant at Eagle where he focused on its outsourcing and insurance services initiatives for BNY Mellon.

He has also worked in the asset management, custody and trustee sectors for Chartered Bank, AIG and the Commonwealth Bank of Australia, as well as a COO for two global asset managers.

Maiuri said: “We continue to see tremendous opportunity for our outsourcing services given our unique ability to span the spectrum of installed or hosted software to component based outsourcing to full BPO. Our ability to combine and deliver or breadth of services in a variety of delivery methods is resonating with the market.”

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