CIBC Mellon's board named Steve Wolff as the company'spresident and CEO, effective Nov. 14.

Wolff, who will also join the board of CIBC Mellon TrustCo., will take over from Thomas Monahan, who is set to .

Wolff previously worked at the Nova Scotia Pension ServicesCorp.

CIBC Mellon is 50-50 jointly owned by andCanadian Imperial Bank ofCommerce.