John A. Park will become The Bank of New York Mellon Corporation’s next controller, effective 1 May.
Park, who currently serves as chief financial officer of the companys Treasury and Global Markets businesses, will replace Michael A. Hughey, who is retiring after 25 years with the organisation.
Park joined The Bank of New York in 1987 and has had responsibility for numerous financial functions, including key controller-related activities such as external reporting, accounting policy and corporate finance. A certified public accountant, he has a bachelors degree in government and a masters degree in accounting from Cornell University.
“John has consistently displayed strong leadership skills and expertise in financial reporting. He will be a key member of our financial team as we build out our global financial organisation,” says Bruce Van Saun,chief financial officer, The Bank of New York Mellon.
Hughey joined Mellon Bank Corporation in 1983 and has had a financial management career that included responsibility for such functions as the controllership and director of tax.
“A vital contributor to the companys finance organisation for 25 years, Mike most recently played a leadership role in effecting a smooth transition during a critical period for our newly-merged company. We wish Mike the very best in his retirement,” adds Van Saun.