Mellon Financial Corporation has announced the appointment of George McKay as executive director, Investment Manager Solutions (IMS) International. Reporting to vice chairman and president of IMS Jack Klinck, McKay will have oversight for Mellon IMS businesses internationally, with specific management responsibility for Mellon’s transfer agency, fund accounting and fund manager outsourcing businesses outside North America.
IMS also comprises fund manager software provider Eagle Investment Systems and the performance analytics firm Russell/Mellon. McKay will chair a new IMS Europe Executive Committee, including representation from all IMS businesses in Europe.
Commenting on his appointment, Jack Klinck said, “George will bring to bear his many years’ experience working across the funds industry to grow our international services. We see rising demand in Europe for the results we are able to bring to this market through the combination of such leading-edge technology and a data-centric approach to our processing systems that produces rich intelligence for our clients.”
“Through these powerful ingredients, Mellon will offer a world-beating service for leading asset managers and other global financial institutions. With his deep knowledge of fund management, George is the ideal choice to lead this area,” added Klinck.
McKay has more than 30 years’ experience in the fund management industry. He was previously managing director of JP Morgan Fleming’s pan-Asian mutual fund business (1994 – 2002) and joined the Flemings group in 1975.