Capitalizing on the growing demand for private banking services from its clients, BNY Mellon Wealth Management has promoted Carolyn Kozlowski to national escrow sales manager. Kozlowski, who is based in Pittsburgh, is responsible for setting strategies for escrow sales, marketing and client service practices and will oversee the escrow sales team. She reports to Joan Bird, managing director of BNY Mellon Wealth Management's West, Central and Mid-Atlantic private banking groups.

"Within our private banking group, escrow services have been a growing and significant new source of deposit balances and revenue," said Bill Sappington, executive director of private banking. "Carolyn's appointment to this newly created role will bring important focus to our escrow business as we expand our expertise to all of our major markets."

Identified as a high opportunity for BNY Mellon Wealth Management's private banking group, escrow accounts generated some 13 percent of the company's 2009 deposit balances.

Kozlowski has more than 25 years of commercial and private banking credit, sales and business development experience, including 15 years with BNY Mellon. She has coordinated numerous escrow projects and initiatives on a national basis.  In 2007 she was charged with developing the escrow business in the Pittsburgh market and generated more than 50 percent of the firm's escrow revenue in 2009 alone. Her previous experience includes business development roles for trust, investment management, and private banking.

Kozlowski earned her bachelor's degree from Indiana University of Pennsylvania and also holds a post-graduate Certification in French and Spanish translation from Carnegie Mellon University.

BNY Mellon Wealth Management is among the nation's leading wealth managers, with more than two centuries of experience in providing investment management, wealth and estate planning, and private banking services to financially successful individuals, families, their family offices and business enterprises, charitable gift programs, endowments and foundations. It is among the top 10 U.S. wealth managers with about $154 billion in private client assets and an extensive network of offices in the U.S. and internationally.

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 $22.3 trillion in assets under custody and administration, $1.1 trillion in assets under management, services $12.0 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. Additional information is available at www.bnymellon.com.