Aon plc, a global professional services company, has appointed Leonique van Houwelingen as chief executive officer for the Netherlands, effective November 1, 2022, subject to regulatory approval. In 2021 van van Houwelingen was replaced as CEO of BNY Mellon’s European bank and took on a new role as EMEA head of strategic growth and regional…
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Inversis to acquire stake in Adepa
Inversis, a 100ct subsidiary of Spain’s Banca March specialising in global solutions for financial asset distribution, has agreed to acquire 40pct of Adepa, a Luxembourg-based group providing management and administration services for investment vehicles (UCITS and alternative funds, including real estate and venture capital), which has operations in Luxembourg, Spain, Italy and Chile. The agreement…
Paul Heffernan joins Waystone
Paul Heffernan has joined Waystone as CEO of its ETF business. He previously spent six years at HSBC in senior European sales roles for the securities services business. He is based in Ireland.
Another BBH defection to BNY Mellon
Clare Donnellan has joined the UK & Ireland sales team at BNY Mellon, based in London. She was previously at BBH.
Broadridge appoints new CTO
Broadridge Financial Solutions, a U.S.-based fintech provider, has appointed Tyler Derr as chief technology officer. He will be responsible for overseeing Broadridge’s global technology teams, including enterprise-wide software engineering, product delivery, architecture, infrastructure, cybersecurity, and technology operations. Derr will report to CEO Tim Gokey. He has been with Broadridge for 10 years. Derr succeeds John…
State Street & FactSet form data alliance
State Street and FactSet have established a partnership that integrates State Street Alpha and FactSet to streamline data flows across the front, middle and back-office through State Street’s Alpha Data Platform. The integration of State Street portfolio accounting data into FactSet’s performance attribution, risk and reporting capabilities will provide a more seamless client experience, with…
BNY Mellon appoints new CFO
BNY Mellon has appointed Dermot McDonogh as chief financial officer for the company, effective February 1, 2023. McDonogh will join on November 1, 2022, reporting to BNY Mellon’s CEO, and will join the executive committee. As CFO, McDonogh’s responsibilities will cover global financial strategy and financial operations, including finance functions, controllership, treasury, the chief investment…
Northern Trust wins Kuwait mandate
Northern Trust has been appointed by Arab Fund for Economic and Social Development (AFESD) to provide a range of asset servicing solutions covering global custody, financial reporting, securities finance, private equity administration, performance measurement and compliance monitoring. AFESD, based in Kuwait, is a regional financial institution focused on funding economic and social development by financing…
BNY Mellon expands in UAE
BNY Mellon has formed a strategic alliance with Emirates NBD, the UAE-based banking group, “aimed at accelerating the growth of UAE capital markets”. In 2020 BNY Mellon formed an alliance with SNB Capital (formerly NCB Capital) in Saudi Arabia.
Ocorian granted three new licences in Ireland
Ocorian, the C.I.-based administrator, has been granted three new licences by the Central Bank of Ireland. The firm, which has offered corporate and capital market services in Ireland for 15 years, now has licences covering AIFM, fund administration and real asset depositary services.