MUFG Investor Services has appointed Yannis Matsis as managing director and head of the Cyprus office, the firm’s new operational centre located in Limassol, Cyprus. Matsis will be responsible for oversight of the firm’s local asset servicing footprint, growth within the local Cypriot market, and business expansion activities in Europe and the Middle East. Matsis…
Category: Bank Providers
IQ-EQ hires head of depositary
IQ-EQ has appointed Thomas Korteweg as head of depositary. He is based in the Netherlands. Korteweg joins from CACEIS.
State Street makes senior management changes
State Street has made senior management changes. Lou Maiuri, currently COO, has been appointed as president and head of Investment Services and Eric Aboaf, CFO, to vice chairman. Maiuri and Aboaf will both continue to report to Ron O’Hanley, chairman and chief executive officer. Maiuri now has end-to-end responsibility for all facets of State Street’s…
Northern Trust appoints KSA country head
Northern Trust has appointed Kholoud Al Dosari as country head for Northern Trust in Saudi Arabia. Based in Riyadh, Al Dosari oversees the strategic development, business growth and operations of Northern Trust’s asset servicing business in the country. Prior to joining Northern Trust, Al Dosari had served as non-executive independent board member for Northern Trust…
Citco hires two senior managers
Michael Gallo has joined Citco as an EVP on the hedge fund relationship management team, based in the U.S. He previously spent 13 years at BNY Mellon. Separately, Ainun Ayub has joined Citco as global product head for real assets, based in the UK. She was previously at BBH, where she was responsible for product…
BNPP’s Manaos platform adds new client
Fondo di Previdenza Mario Negri, the Italian pension fund, has selected BNP Paribas Securities Services’ Manaos platform for its ESG data and analytics needs. Fondo di Previdenza Mario Negri is the pension fund for managers of commercial shipping and transport companies in Italy, with EUR3.9bn (USD4.1bn) AuM. The fund will be using the Manaos platform…
HSBC hires ETF specialist
HSBC has hired Rob Rushe as global product head for ETF servicing, based in Dublin. Rushe joins from CACEIS, where he spent less than a year. He has previously worked at BNY Mellon, State Street and Northern Trust.
BNY Mellon hires global head of alts bus dev
Páraic Cosgrave has joined BNY Mellon as global head of alternatives business development within the asset servicing group. He is based in Dublin. Cosgrave was previously global head of sales for Abbey Capital Ltd, a Dublin-based manager specialising in managed futures. He also worked at BNP Paribas Securities Services as global head of sales &…
DB transacts first two ESG repos
Deutsche Bank’s New York agency securities lending team has transacted its first two ESG off balance sheet investments. The trades, which amounted to USD550m, were transacted on behalf of two of the bank’s U.S. based state pension fund clients which aimed to demonstrate their commitment to tackling climate change, ensuring gender diversity, better working conditions…
J.P. Morgan hires senior RBC manager
Dave Scanlan has joined J.P. Morgan as executive managing director, fund services EMEA operations, based in Dublin. Scanlan joins from RBC Investor & Treasury Services, where he spent more than eight years, most recently as global head of specialist product services. His move follows the recent departure of Padraig Kenny, formerly the head of RBC’s…