BNY Mellon adds one to corporate trust team
BNY Mellon has appointed Adam Gelder as head of Financial Institutions for its corporate trust team in Europe, the Middle East and Africa (EMEA).
He will be in charge of the growth and development of the firm’s financial institutions business in EMEA.
Gelder will report to Robert Wagstaff, head of UK Sales and Relationship Management at BNY Mellon.
Gelder joined from Deutsche Bank where he has been working for the last 18 years in client service, relationship management and sales.
Dean Fletcher, head of Corporate Trust EMEA at BNY Mellon, said: “Financial institutions, and in particular global systemically important banks, are core to our growth strategy both in terms of their proprietary business and their role as arrangers.
“They maintain a dominant position in the debt capital markets and constitute about a third of our corporate trust business in EMEA.”
BNY Mellon’s corporate trust business served as trustee and/or paying agent on over 60,000 debt-related issues as of 31 March 2015.