BNY Mellon has named Hani Kablawi as its new head of investment services for Europe, the Middle East and Africa (EMEA).
Kablawi, previously head of asset servicing for EMEA, will lead the business strategy for investment services in the region and will continue to be based in London.
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He will report to Brian Shea, CEO of investment services and Michael Cole-Fontayn, chairman of EMEA.
The company said that Kablawi's role will span firm’s services and solutions across asset servicing, alternative investment services, corporate trust services, broker-dealer services, depositary receipts and treasury services.
Kablawi, who joined BNY Mellon in 1997, held various business, functional and risk management roles based in New York, Abu Dhabi.
Commenting on the appointment, Shea said: "Hani's leadership during a period of unprecedented economic and regulatory change, and his unwavering focus on our clients' success, make him exceptionally positioned to lead our Investment Services business in EMEA."
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By GlobalData"Under Hani's leadership we will continue to bring together buy-side and sell-side solutions, and capitalise on our significant investment in technology and innovation to drive growth across the region."
Daron Pearce has been named as CEO of asset servicing for EMEA, replacing Kablawi.
Pearce, who has been associated with the firm from past 16-year, most recently served as CEO of Global Financial Institutions for Asset Servicing. He will report to Kablawi and Samir Pandiri who is CEO of asset servicing.
BNY Mellon CEO of asset servicing Samir Pandiri said: "Daron has terrific experience within our company, and a deep knowledge of our clients and our Asset Servicing business. I am confident that he will build on this strong foundation and take the business to the next level."
