CIBC Mellon appointed custodial trustee by General Electric Canada pension funds

CIBC Mellon appointed custodial trustee by General Electric Canada pension 
Investment servicing solution to support GE pension plans' alternative 
investment activities 
TORONTO, Feb. 19, 2014 /CNW/ - CIBC Mellon today announced that General 
Electric (GE) Canada has selected CIBC Mellon to provide custody, fund 
accounting and benefit payment services for GE Canada's trusteed pension 
funds.  GE will also receive online delivery of investment information through 
the Workbench platform and integrated access to BNY Mellon Global Risk 
Solutions investment analysis products.  The CAD$1.3 billion investment 
servicing mandate comprises three underlying pension plans for GE Canada and 
their related entities. 
"After an extensive review, we selected CIBC Mellon as our investment 
servicing provider and custodial trustee based on their tightly integrated 
reporting, processing and information-delivery platform, and for the 
considerable strength and experience of their service teams," said Lisa 
Jankov, assistant treasurer, GE Canada.  "The ability to access global risk 
and investment information in a single platform will be very valuable as we 
expand our alternative investment activities while adhering to stringent 
governance and reporting requirements." 
"GE has a 120-year history of innovation in Canada, and we are proud to 
support GE with the same drive and determination," said Stuart Plummer, 
executive director, business development, CIBC Mellon.  "Our offerings help 
position GE with the operational support, risk reporting and transparency to 
move forward and execute on their investment decisions with confidence." 
Global Risk Solutions available to CIBC Mellon clients via the BNY Mellon 
global investment servicing network include risk analysis, performance 
measurement, peer group comparisons and attribution tools and services help 
clients manage their investment process and risk exposures.  The breadth and 
depth of the data available in combination with clear and powerful reporting 
helps clients compare, evaluate and understand investment decisions. 
About General Electric Canada  
GE is working for a stronger Canada. We have the best people and technologies 
taking on the world's toughest challenges, like finding solutions in energy, 
health and home, transportation and finance. We are not just imagining. We are 
building, powering, moving and curing the world. 
For more information, visit or follow them on Twitter at 
About CIBC Mellon
CIBC Mellon is a Canadian company exclusively focused on the investment 
servicing needs of Canadian institutional investors and international 
institutional investors into Canada.  Founded in 1996, CIBC Mellon is 50-50 
jointly owned by The Bank of New York Mellon (BNY Mellon) and Canadian 
Imperial Bank of Commerce (CIBC).  CIBC Mellon's investment servicing 
solutions for institutions and corporations are provided in close 
collaboration with our parent companies, and include custody, multicurrency 
accounting, fund administration, unitholder recordkeeping, pension services, 
securities lending services, foreign exchange settlement and treasury 
services.  As at December 31, 2013, CIBC Mellon had more than CAD$1.3 trillion 
of assets under administration on behalf of pension funds, investment funds, 
corporations, governments, insurance companies, foreign insurance trusts, 
foundations and global financial institutions whose clients invest in Canada.  
CIBC Mellon is part of the BNY Mellon global network, which as of December 31, 
2013, had USD$27.6 trillion in assets under custody and/or administration and 
USD$1.58 trillion in assets under management.  CIBC Mellon is the corporate 
brand of CIBC Mellon Trust Company and CIBC Mellon Global Securities Services 
Company and may be used as a generic term to reference either company or both 
companies collectively. 
For more information - including CIBC Mellon's latest knowledge leadership on 
issues relevant to institutional investors active in Canada - visit or follow us on Twitter @CIBCMellon. 
CIBC Mellon is a licensed user of the CIBC trade-mark and certain BNY Mellon 

CIBC Mellon: Paul Cunliffe, Corporate 
Communications, 416-643-5289 GE Canada: Rahim 
Ladha, Communications & Public Affairs,, 647-281-7073 
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CO: CIBC Mellon
ST: Ontario
-0- Feb/19/2014 14:38 GMT
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