BNY Mellon Asset Servicing, the global leader in investment services, has named a new Chief Operating Officer and Managing Director.  COO David DiNardo, who reports to James Slater, recently promoted to global head of securities lending, is responsible for implementing strategic initiatives, coordinating the key functions of the business, and directing the risk and compliance requirements of securities lending.  MD Robert Chiuch will be responsible for leading the U.S. equity and corporate securities lending team. 

DiNardo had been an MD in the group with responsibility for product development and project management, and he succeeds Slater.  Slater credits DiNardo with doing an outstanding job in "coordinating our efforts to bring new technology to BNY Mellon's clients, resulting in better service in a wide range of areas including trading, reinvestment and reporting."  DiNardo joined BNY Mellon's securities lending business in 1994, starting in operations.  He moved into the systems and technology group and, by 1997, was named manager of that group.  He holds BS in finance and mathematical economics from by John Carroll U. and an MBA and MS in IS from U. of Pitt. 

Chiuch, who also reports to Slater, had been co-head of global securities lending at CIBC Mellon, a leading provider of financial services for institutions and corporations that's jointly owned by CIBC and BNY Mellon.  He'll be based in New York.  Chiuch, who has 23 years experience in securities lending, joined CIBC Mellon when the company was formed in 1996.  Previously, he worked for CIBC and National Bank Financial.  He's president of the Canadian Securities Lending Association.   [PR Newswire, 6/23/11]