NEW YORK, June 10, 2014 /PRNewswire/ -- In recognition of its global commitment to and advancement of diversity and inclusion best practices, BNY Mellon has been named the 2014 Most Innovative Company for Asian Pacific Americans by Asia Society. Asia Society is a leading global and pan-Asian organization working to strengthen relationships among the United States and Asia. The award, accepted by BNY Mellon's Global Director of Human Resources Strategy and Talent Solutions, Sarah Allen, was presented during the organization's Fifth Annual Diversity Leadership Forum held at New York's Time Warner Center.
"BNY Mellon's innovative practices stand out because of their commitment to promoting an inclusive environment that celebrates diversity, and advances top APA talent through a culture of meritocracy," said Dr. Michael G. Kulma, Executive Director, Global Leadership Initiatives at Asia Society. "BNY Mellon has developed engagement strategies that are customized to the local needs of regional teams that include training, development, and capacity building within their workforce as well as their supplier base."
"Diversity and inclusion is key to having the best talent and creating an environment where innovation and engagement thrive," said Sarah Allen, BNY Mellon's Global Director of HR Strategy and Talent Solutions. "I am honored to accept this award on behalf of our colleagues around the world."
BNY Mellon's integrated global diversity and inclusion strategy focuses on workforce, workplace, marketplace and leadership. Approximately 20 percent of BNY Mellon's workforce, or nearly 10,000 employees, are active members of an employee resource group.
"BNY Mellon is honored to be recognized by the Asia Society for the global best practices that foster innovation, build our brand and add to long-term shareholder value," said Jyoti Chopra, Managing Director and BNY Mellon's Global Head of Diversity and Inclusion. "To deliver expertise across the investment lifecycle, drive innovation and deliver leading-edge services and solutions for our clients, we must leverage our entire workforce."
According to Asia Society, Asian Americans comprise close to 6% of the U.S. population, and are the fastest growing minority. Asia Society is the leading global and pan-Asian organization working to strengthen relationships and promote understanding among the people, leaders and institutions of the United States and Asia. The Society seeks to increase knowledge and enhance dialogue, encourage creative expression, and generate new ideas across the fields of arts and culture, policy and business, and education. Founded in 1956, Asia Society is a nonpartisan, nonprofit educational institution with offices in Hong Kong, Houston, Los Angeles, Manila, Mumbai, New York, San Francisco, Seoul, Shanghai, Sydney, and Washington, D.C. For information or to read the 2014 Survey, visit www.AsiaSociety.org.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of March 31, 2014, BNY Mellon had $27.9 trillion in assets under custody and/or administration, and $1.6 trillion in assets under management. 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). More in BNY Mellon's 2013 CSR report at bnymellon.com, or follow us on Twitter @BNYMellon.
SOURCE BNY Mellon