BNY Mellon has appointed Joseph Pizzuto as chief auditor, responsible for leading the company’s internal audit group. He will be a member of BNY Mellon’s ExCo. Pizzuto was previously at General Motors, and has also worked at GE Capital and Citibank.
Category: People
State Street hires global head of agency SL
Patricia Hostin has been appointed as global head of agency securities lending at State Street. Hostin will report to Gino Timperio, global head of financing solutions. Hostin joins from BlackRock, where she was most recently managing director for its financial resource management, where she executed the firm’s global strategy for optimising capital and balance sheet…
DB hires in Malaysia
Deutsche Bank has appointed Sylvia Beh as CEO of its Malaysia trustee business. She will lead the Malaysian fund services business, reporting to Richard Lim, head of securities services Malaysia.
ASCENT expands to UK
The ASCENT Group, a Singapore-based fund administrator with USD20bn AuM, is expanding into the UK market. Jamie Spark will be managing director of Ascent Fund Services (UK) Ltd. Having previously led business development in Australia.
BNY Mellon hires chief commercial officer
BNY Mellon has appointed Cathinka Wahlstrom as chief commercial officer. In this capacity, she will lead the bank’s Global Client Management function, and will also take on a leadership role for coordinating and maximising the contributions of its sales and relationship management teams across the company. Ed Fandrey, who was hired as head of global…
JTC appoints new CEO of INDOS
JTC, the C.I.-based administrator, has appointed Abi Holland as CEO of INDOS Financial, a UK-based provider of fund depositary and oversight services which JTC acquired in2021.She takes over the role from Alan Davies, who will continue to work with INDOS until his retirement.
Dale Smith to retire from U.S. Bank
After a distinguished 45-year career with U.S. Bank, Dale Smith is to retire. He is currently head of the Wealth Management & Investment Services Transformation Office, and has overseen the migration of its custody business to the SEI Wealth platform. During his storied career he led expansion of the trust & custody business from USD400bn…
Crestbridge hires Ireland compliance head
Crestbridge, the C.I.-based alternatives administrator, has appointed Paul Phelan as head of risk & compliance in Ireland. He will be responsible for risk, compliance and MLRO for Ireland. He was previously with Link Group.
Yealand appoints head of operations
Darren Hay has been appointed as head of operations at Yealand Fund Services, a UK-based administrator. Prior to joining Yealand, he worked at Columbia Threadneedle, Zurich Assurance, St James’s Place and, most recently, at Brunel Pension Partnership.
Citi confirms new Benelux chief
As previously reported, Citi has now confirmed that Eduardo Gramuglia Pallavicino has joined as the new head of Belgium, Netherlands and Luxembourg (Benelux) for securities services. Before a brief spell at Next Gate Tech, Gramuglia was at State Street where he was CEO and country head of Luxembourg. He replaces Larissa Sototskaya, who has moved…