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PEOPLE ON THE MOVE
˜ ˜ BNY Mellon’s chief executive, Todd
Gibbons, has made a trio of senior
leadership changes to the custodian’s
asset servicing division, as he looks
to make a case for occupying the role
permanently. Hani Kablawi will now take
on regional management for BNY Mellon’s
teams across EMEA, Asia-Pacific and
Latin America as head of international.
Meanwhile, Roman Regelman will take
over Kablawi’s duties as head of asset
servicing and digital, and Akash Shah
will assume leadership for global client
management (GCM).
˜ ˜ Deutsche Bank has combined the
leadership for its securities services and
lending businesses after announcing a new
governance structure following a number
of departures. Rebakah Flohr, the bank’s
global head of securities services sales
and head of securities services for the
Americas, will now take on the additional
role as its new global head of agency
securities lending (ASL). Meanwhile,
Steven Hondelink will become head of
securities services and ASL EMEA, in
addition to his current duties as head of the
capital release group (CRG) for Germany.
˜ ˜ HSBC will combine its global markets
and securities services businesses into a
single unit, sparking a series of changes
to its senior leadership. Allegra Berman
and Richard Godfrey, who jointly led HSBC
Securities Services (HSS), will be given
new roles as of May this year to reflect the
restructuring. Berman will become global
head of institutional sales for markets
and securities services, while Godfrey will
lead a new product area named securities
financing, alongside Hossein Zaimi, global
head of equities.
˜ ˜ BNP Paribas Securities Services has
made two changes to its senior Continental
European leadership, in response to the
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Global Custodian
Spring 2020
French bank appointing a new head of
its US investment banking business.
Alessandro Gioffreda, currently regional
head of Continental Europe for securities
services, will be appointed head of territory
management, covering all securities
services regions. Meanwhile, Alvaro
Camuñas, currently global head of sales
and relationship management for securities
services, will become head of client
development. ˜ ˜ HSBC Securities Services has hired
˜ ˜ One of Citi’s most senior prime finance figures and regulatory spokespeople,
after the former commissioner of the US
Commodity Futures Trading Commission
(CFTC), who occupied the organisation’s
head of global public policy role, departed.
Mark Wetjen joined the DTCC from the
regulator in 2015, spending four and a half
years developing and coordinating strategic
engagement to help shape derivatives
policymaking around the world.
executives has departed, months after
the bank combined its prime, equities
and securities services businesses into
one division. The co-head of equities and
securities services at Citi, Murray Roos, has
left the investment bank after almost five
years.
˜ ˜ Deutsche Bank’s former global head of
agency securities lending, Tim Smollen,
has started a new role at MUFG. Based
in New York, Smollen joined the Japanese
bank as its global head for global securities
lending solutions. Smollen had spent over a
decade at Deutsche Bank and was inducted
into the GC Hall of Fame as a legend in
2013.
˜ ˜ Societe Generale Securities Services
(SGSS) has promoted a senior markets
expert within the bank to become its
country head for Italy. Roberto Pecora has
been named CEO of SGSS S.p.A, Societe
Generale’s Italian subsidiary, and will
be responsible for leading one its main
business lines.
˜ ˜ Citi has hired Mark Ersser within its
custody and fund services business to
drive the expansion of its European client
reporting offering. Ersser joins the US
bank as head of client reporting product
for EMEA, where he will help expand Citi’s
middle-office solution for asset managers.
a new head of business development
and client management within its
asset manager and owner business in
Luxembourg. Frederic Van Ingelgom joined
HSBC in mid-February and is responsible
for the strategic development of the bank’s
existing securities services client base
in Luxembourg, as well as leading new
business activities.
˜ ˜ DTCC has lost one of its key industry
˜ ˜ Seasoned financial services
professional, Tina Knights, has joined
Standard Chartered in Singapore as chief
operating officer for securities services.
With over 20 years of experience in
operations and technology across global
markets, Knights was most recently with
Bank of America Merrill Lynch.
˜ ˜ One of DTCC’s most senior regulatory
experts has left the market infrastructure
firm at a crucial time where European
market participants gear up for a wave
of new rules. Tony Freeman has left the
DTCC to explore new opportunities. He had
been an executive director of government
relations for DTCC, and had led its
regulatory agenda for over 15 years through
its Omgeo subsidiary.
˜ ˜ BNP Paribas Securities Services has
hired Northern Trust’s former Asia-Pacific
head of securities lending trading to
perform a similar function, but on a global