SAN FRANCISCO, September 1, 2009-As BNY Mellon Wealth Management pursues its strategic expansion in California, the company has named Amy Millman to become regional president of San Francisco. Millman will succeed current President Jack Cortis who is to become regional chairman overseeing efforts to increase the company's community involvement and expand its presence throughout Northern California. Millman and Cortis will report to Dave Holst who heads BNY Mellon Wealth Management- West.
"Jack and Amy are two highly accomplished professionals, well-suited to lead our efforts in Northern California. BNY Mellon Wealth Management considers the region an important market with a considerable number of people who can benefit from our deep experience providing sound advice about investments, estate planning and wealth strategy," said Holst.
Millman, who has been with the company for 15 years, was most recently the managing director of sales for Florida and responsible for all BNY Mellon sales activities in the state. She has consistently ranked among the company's top national performers in progressively responsible positions, including that of national sales officer for the company's businesses of Endowments, Foundations and Charitable Planned Giving. Cortis, a long-time San Francisco resident, also began his career as a sales officer with BNY Mellon 15 years ago and was regional president in Seattle before becoming president in the San Francisco Office in 2006. Millman is expected to assume her new duties in mid-September.
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 and families, their family offices and business enterprises, charitable gift programs, and endowments and foundations. It is among the top 10 U.S. wealth managers with about $142 billion in private client assets and an extensive network of offices in the U.S. and internationally. BNY Mellon Wealth Management products and services are provided by subsidiary banks and trust companies of The Bank of New York Mellon Corporation.
BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. 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. The company 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 $19.5 trillion in assets under custody and administration, $881 billion in assets under management, and processes global payments averaging $1.8 trillion per day. Additional information is available at
www.bnymellon.com.