CIBC Mellon selected as Auto Sector custodian 09 March 2011Toronto Reporter: Justin Lawson
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CIBC Mellon Global Securities Services Company has been selected to provide custody and accounting services to the Auto Sector Retiree Health Care Trust.
"The appointment of our first asset servicing provider was a crucial decision for us," said Gordon Graham, executive director, Auto Sector Retiree Health Care Trust. "CIBC Mellon took the time to understand our needs and develop a flexible and highly-effective solution that will help us deliver exceptional service to our members. We look forward to building a long-term, successful relationship."
"Growing benefit providers rely on an asset servicing provider who can deliver the suite of services they need to meet their investment objectives and the needs of their members," said Thomas S. Monahan, president and chief executive officer, CIBC Mellon. "We look forward to playing a key role in the growth and administration of the Auto Sector Retiree Health Care Trust."
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