Karen B. Peetz
President, The Bank of New York Mellon
Karen Peetz, President of BNY Mellon, oversees the company’s global client management, regional management, human resources functions and its treasury services business. She also leads the company’s strategic growth and global innovation efforts. Prior to her appointment as President in January 2013, she led BNY Mellon's Financial Markets & Treasury Services group, comprised of alternative investment services, broker-dealer and advisor services, corporate trust, depositary receipts, and treasury services businesses.
Karen is a member of BNY Mellon’s Executive Committee, the organization’s most senior management body that oversees day-to-day operations. She is also chairperson for the company’s Women’s Initiatives Network, a resource for the professional development and advancement of women who work at BNY Mellon through its 50 chapters globally.
Before joining BNY Mellon in 1998 to run the domestic corporate trust business, Karen spent 16 years with JPMorgan Chase in a variety of sales and business management positions, including an assignment in London.
She has consistently been named among American Banker’s “25 Most Powerful Women in Banking.” In 2011, Karen ranked # 1 in this survey, based on her responsibilities, management style, crisis management skills, influence within the industry and charitable endeavors.
Karen is a member of the Financial Services Roundtable and is on the Board of Directors for SIFMA, the Private Export Funding Corporation (PEFCO), and SunCoke Energy. Karen is the former Chair of the Board for United Way of New York City.
She received a Bachelor of Science degree from the Pennsylvania State University and a Master of Science degree from Johns Hopkins University.
She was elected to the Board of Trustees of Penn State as a business and industry trustee for a three-year term beginning July 1, 2010 and served as Chairman of the Board of Trustees during 2012.