Newton Investment Management (Newton IM), part of BNY Mellon Investment Management (BNY Mellon IM), today announced the appointment of Kevin Carter as an Independent Non-Executive Director.

In this role, Kevin will be a voting member of the Newton Investment Management Limited (NIM) and Newton Investment Management (North America) Limited (NIMNA) Boards. He will help ensure continued good governance at Newton IM, and will support the firm in achieving its strategic ambitions.

An experienced investment specialist and independent non-executive director, Kevin was formerly CEO of Old Mutual Asset Management in both the UK and US, a business that had more than $100bn in assets under management at the time of his departure. He has also held roles as Head of the European Investment Consulting Practice at Watson Wyatt and Head of the EMEA Pensions Advisory Group at JP Morgan Securities.

Kevin is currently chair of two FTSE 250 companies, JPMorgan American Investment Trust plc and Murray International Trust plc. He also holds trustee director roles at two of the UK’s largest pension funds, acting as Investment Committee Chair of the Universities Superannuation Scheme and the BBC Pension Trust.

We are extremely pleased to welcome Kevin to the team. He brings with him a wealth of experience in the investment and pensions industry and a belief in the importance of stewardship that will make a valuable contribution.

Susan Noble , Chair of NIM and NIMNA

We welcome Kevin as an experienced and independent collaborator. His knowledge of the global investment market, particularly the deep familiarity he has with US markets, politics and economics, will be invaluable as we look to the future ambitions of Newton.

Hanneke Smits, Chief Executive Officer

Notes to editors:

Newton Investment Management Ltd (NIM) is a London-based global investment management subsidiary of The Bank of New York Mellon Corporation. NIM and Newton Investment Management (North America) Limited (NIMNA) are authorised and regulated by the Financial Conduct Authority. NIMNA is also registered with the US Securities and Exchange Commission. Registered address, BNY Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA. Registered in England No. 01371973 (NIM) and No. 2675952 (NIMNA).

With collective assets under management of £46.714 billion (US$$59.5bn) as at 31 December 2018*, Newton IM provides investment products and services to a wide range of clients, including pension funds, charities, corporations and (via BNY Mellon) individuals. News and other information about Newton is available at www.newtonim.com and via Twitter: @NewtonIM.

BNY Mellon Investment Management is one of the world’s leading investment management organizations and one of the top U.S. wealth managers, with US$1.7 trillion in assets under management as of December 31, 2018.

It encompasses BNY Mellon’s affiliated investment management firms, wealth management services and global distribution companies. BNY Mellon Investment Management is a division of BNY Mellon, which has US$33.1 trillion in assets under custody and/or administration as of December 31, 2018. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

Unless otherwise specified herein, all information sourced by BNY Mellon as of 4 March 2019. This press release is qualified for issuance in the UK and is for information purposes only. It does not constitute an offer or solicitation of securities or investment services or an endorsement thereof in any jurisdiction or in any circumstance in which such offer or solicitation is unlawful or not authorized. This press release is issued by BNY Mellon Investment Management EMEA Limited (BNYMIM EMEA) to members of the financial press and media and the information contained herein should not be construed as investment advice. Investment Managers are appointed by BNY Mellon Investment Management EMEA Limited (BNYMIM EMEA) or affiliated fund operating companies to undertake portfolio management activities in relation to contracts for products and services entered into by clients with BNYMIM EMEA or the BNY Mellon funds. Registered office of BNYMIM EMEA: BNY Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA. Registered in England no. 1118580. Authorized and regulated by the Financial Conduct Authority. A BNY Mellon Company.

* Assets under management include assets managed by Newton Investment Management Limited and Newton Investment Management (North America) Limited.