BNY Mellon has made two new senior appointments to continue to drive the growth of its Global Collateral Services (GCS) business.

Drew Demko has returned from London to New York to become head of GCS financial institutions and intermediaries, reporting to Jonathan Spirgel, head of GCS sales and relationship management. He was previously head of Broker-Dealer Services – and more recently GCS – for the Europe, Middle East & Africa region.

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Jeannine Lehman has been appointed business head of GCS EMEA, reporting to Jim Malgieri, head of GCS service delivery and GCS regions. She will also continue in her role as head of BNY Mellon’s secured finance business in EMEA on an interim basis, and remains based in London.

Kurt Woetzel, CEO of Global Collateral Services at BNY Mellon, said: "Our vision for GCS is to be the first port of call for all of our client’s collateral needs through an approach that is global in scope, regional in design and local in delivery."

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