The new GFI group will be led by Nadine Chakar, formerly Head of Europe, Middle East and Africa (EMEA) Asset Servicing. She will continue to report to Jim Palermo and Tim Keaney, co-CEO’s of BNY Mellon Asset Servicing.
According to a press release, within the new GFI group, Steve Wynne, formerly CEO of PNC Global Investment Servicing, will become CEO of US Funds Services. Nancy Wolcott, formerly President of PNC Global Investment Servicing, takes on the role of Head of US Funds Services.
In addition, Lou Maiuri, currently Global Head of Outsourcing at BNY Mellon Asset Servicing and Chairman of Eagle Investment Solutions, takes on an expanded role as Head of US Financial Institutions (which encompasses investment managers, insurance companies and banks) within the new GFI group.
Frank Froud, formerly Head of Client Management for the United States at BNY Mellon, returns to London to replace Chakar as the new Head of EMEA Asset Servicing.
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