BNY Mellon is joining The Future Investment Initiative Institute (FII Institute) to support a shared vision for growth in the region through working together identifying technologies of the future and sharing knowledge.
BNY Mellon and the global foundation, FII Institute, will work together to turn ideas into real-world solutions built on Environmental, Social and Governance (ESG) principles with a focus on sustainability, education, artificial intelligence and robotics. FII Institute is a prominent forum for the world’s leading companies and the collaboration underlines BNY Mellon’s ongoing commitment to the Kingdom of Saudi Arabia (the Kingdom) and the broader region.
“We are pleased to be working with FII Institute, together using our global reach, influence and resources to help build the future. For more than 230 years BNY Mellon has been central to building, strengthening and innovating the financial infrastructure on which some of the world’s largest banks and asset management firms operate. Our approach is very much centred on furthering the financial growth agenda the Kingdom of Saudi Arabia has forged as part of its transformation and meaningfully contributing towards realising the sustainable vision we both share,” says Akash Shah, Chief Growth Officer, BNY Mellon.
“We are excited to welcome BNY Mellon, a leading global institution, which supports our shared vision to participate in shaping a better future for all, built on ESG principles, by identifying technological solutions, sharing knowledge and working together to secure sustainable real-world solutions. Moreover, this agreement reflects FII Institute’s commitment to empower the world’s brightest minds to collaborate and actualise a brighter, more sustainable future for humanity,” adds Richard Attias, CEO, FII Institute.
BNY Mellon has YSD45 trillion assets under custody and/or administration and works with a wide range of sovereign wealth funds, financial institutions, governments and other clients throughout the region, offering asset servicing and ancillary services, corporate trust and treasury services. BNY Mellon has an agreement with SNB Capital, the Kingdom of Saudi Arabia’s largest custodian, to provide global securities services capabilities to institutional and large asset owners based in the Kingdom. In the Middle East, BNY Mellon has a presence in Riyadh, Dubai International Finance Centre, Abu Dhabi Global
