BNY Mellon has appointed Joseph Pizzuto as chief auditor, responsible for leading the company’s internal audit group. He will be a member of BNY Mellon’s ExCo. Pizzuto was previously at General Motors, and has also worked at GE Capital and Citibank.
Category: Citi
Citi confirms new Benelux chief
As previously reported, Citi has now confirmed that Eduardo Gramuglia Pallavicino has joined as the new head of Belgium, Netherlands and Luxembourg (Benelux) for securities services. Before a brief spell at Next Gate Tech, Gramuglia was at State Street where he was CEO and country head of Luxembourg. He replaces Larissa Sototskaya, who has moved…
Citi wins Aussie platform mandate
Mason Stevens Limited, the Australia-based wealth platform and provider of investment administration and managed account solutions, has appointed Citi to provide custody and integrated execution services. With >AUD6.7bn (USD4.5bn) under management and administration, Mason Stevens offers superannuation and non-superannuation products, managed account and investment solutions.
Citi hires global head of custody prod dev
Citi has appointed Mike Hughes as global head of custody product development. He will be responsible for the custody strategy across all Citi’s proprietary markets and global models. He joins from Ocorian, a C.I.-based independent administrator. Prior to that, he was at J.P. Morgan. Based in London, he will report to Matthew Bax, global head…
Citi hires Lux/NL chief
Citi has hired Eduardo Gramuglia Pallavicino as head of Luxembourg & the Netherlands. Gramuglia, who has been working as a strategic advisor and non-executive director, was previously head of Luxembourg for State Street and has also worked at BBH. He replaces Larissa Sototskaya, who has moved to a new role as global head of TA…
U.S. Bank hires GFS president
U.S. Bank has appointed Jay Martin as president, global fund services. Martin will join the senior leadership team of U.S. Bank’s Wealth Management and Investment Services (WMIS) division. He will be based in Milwaukee. The position has been vacant since Joe Neuberger left in late 2022. Christine Waldron, chief product officer for WMIS, has been…
Nordnet deploys Citi’s retail lending platform
Nordnet AB, the pan-Nordic digital platform for savings and investments, is the first Swedish client to start lending through Citi’s Securities Lending Access platform. The solution will enable Nordnet to expand its securities lending programme to new markets and new client segments. Citi Securities Lending Access is an end-to-end solution that digitises and automates the…
HSBC appoints global head of securities services
HSBC has appointed Fiona Horsewill as global head of securities services. Based in London, she will report directly to Patrick George, the recently confirmed global head of markets & securities services. She will also be a member of the M&SS executive committee. Horsewill was most recently at Citi, where she was global head of data…
Singlife to deploy front-to-back solution
Singlife, the Singapore-based financial services provider, has appointed Citi and BlackRock Aladdin to provide a technology platform to unify its asset management capabilities across its front, middle and back-office. The selection process began with a tender for 11 different front-office and back-office partners, with a total of 28 different combinations assessed. The final selection was…
Citi hires head of SS technology
Ken Sansom has joined Citi as the head of securities services technology. He joins from Amazon Web Services. His hiring is the latest in a string of senior management acquisitions by Citi’s securities services business. These include Mary Gaspar-Hillenbrand, global head of digital first transformation; Joe Bonanno, global head of data, digital, and innovation; and…