The Bank of New York Appoints William A. Flemer as Head of Business Development for Private Client Services.Business Editors NEW YORK--(BUSINESS WIRE)--Aug. 19, 2002 The Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. announced today that it has appointed William A. Flemer as managing director in charge of its business development for Private Client Services. Mr. Flemer joins The Bank of New York following a nine-year affiliation with Fleet, where he was an executive vice president. His responsibilities at Fleet included various sales management Sales Management Role and Goal Importance of sales management is critical for any commercial organization. Expanding business in not possible without increasing sales volumes, and effective sales management goal is to organize sales team work in such a manner that ensures a roles including national sales manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → for the firm's private client activities. He had previously served in various international and domestic corporate banking roles at Bank of Boston. Mr. Flemer is a graduate of Ricker College Ricker College was a small college located in Houlton, Maine. It opened in 1848 and closed in 1978. It began as Houlton Academy in 1848, before being subsequently renamed Ricker Classical Institute in 1887. . "I am delighted to welcome Bill Flemer to the Bank. His proven private client expertise and sales management experience will be invaluable as we continue the growth of our private client services business," said Lee C. Wortham, executive vice president and head of private client services. Commenting on joining the Bank, Mr. Flemer said, "The Bank of New York has a highly respected private client business. The firm is noted for its comprehensive product offering, strong commitment to technology and proven ability to deliver fully integrated wealth management solutions. I look forward to leveraging these strengths and contributing to the continued success of the business." The Bank of New York, founded in 1784 by Alexander Hamilton, is the nation's oldest bank and is the principal subsidiary of The Bank of New York Company, Inc. (NYSE NYSE See: New York Stock Exchange : BK), a financial holding company. With over $80 billion in total assets as of June 30, 2002, the Company provides a complete range of banking and other financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. to corporations and individuals worldwide through its basic businesses, namely, Securities Servicing and Global Payment Services, Corporate Banking, BNY BNY Bank of New York Asset Management and Private Client Services, Retail Banking, and Global Market Services. Additional information on the Company is available at www.bankofny.com. |
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