The Bank of New York Mellon Corporation
09/24/2024 | Press release | Distributed by Public on 09/24/2024 08:17
BNY leadership recognized by American Banker in their 2024 Most Powerful Women in Banking and Finance rankings
BNY leadership recognized by American Banker in their 2024 Most Powerful Women in Banking and Finance rankings
Sep 24, 2024
Three of BNY's leadership have today been named to American Banker's 2024 Most Powerful Women in Banking and Finance lists. The annual celebrations of the industry's female leadership have this year chosen to honor Emily Portney, Global Head of Asset Servicing, Jennifer Barker, Global Head of Treasury Services and Depositary Receipts, and Hanneke Smits, Chair of BNY Investments.
"We are fortunate to have strong, visionary leaders including Emily, Jennifer and Hanneke driving our company forward," said Robin Vince, CEO of BNY. "Their recognition by American Banker underscores their remarkable contributions and the powerful influence they wield within the broader industry. Congratulations to all."
Emily Portney is the Global Head of BNY's Asset Servicing business, the firm's largest unit providing custody, fund services and data and platform solutions to asset owners, traditional and alternative investment managers, insurance companies, banks and broker-dealers. This is the fourth time Emily has been named in American Banker's "Most Powerful Women in Finance" list.
Emily Portney
Jennifer Barker is responsible for leading BNY's market-leading Treasury Services and Depositary Receipts businesses. BNY's Treasury Services business is one of the top five U.S. dollar payments clearers in the world, clearing roughly $2.4 trillion of USD payments daily, on average1. As of January 2024, BNY is the #1 Global Depositary bank by number of sponsored depositary receipts programs with $341 billion in assets under custody. It is the first time Jennifer has been featured in American Banker's "Most Powerful Women in Banking" list.
Jennifer Barker
Hanneke Smits is Chair of BNY Investments, a role she took on in September 2024 following her tenure as Global Head of BNY Investments, one of world's largest asset management firms. Hanneke is also Global Chair of the 30% Club, a leading business campaign that aims to increase gender diversity at the board and senior management levels of organizations globally. Hanneke has been named in American Banker's "Most Powerful Women in Finance" list for the second consecutive year.
Hanneke Smits
"This year's rankings feature longtime honorees ascending to new heights, showcasing the advancement that this program has celebrated for over two decades," says Chana Schoenberger, Editor-in-Chief of American Banker. "We're also welcoming newcomers, which proves that with perseverance comes progress. It hasn't been an easy year for banks and financial institutions, but progress continues - not by chance, but through the determined efforts of these women."
Now in its 22nd year, American Banker's The Most Powerful Women in Banking™ initiative recognizes individuals and teams for demonstrating exceptional leadership skills, strong business performance and a commitment to driving real outcomes for diversity, equity and inclusion in financial services. As part of that program, The Most Powerful Women in Finance rankings feature top executives from asset managers, securities exchanges, wealth management firms and investment banks. For more information and to read the full profiles, please visit American Banker.
1The Clearing House. Based on CHIPS volumes for the year ended December 31, 2023.