BNY Mellon names new EMEA investment head

BNY Mellon, the custody bank and asset manager, has promoted Hani Kablawi to the newly created role of head of investment services for Europe, the Middle East and Africa (Emea). The role previously fell under Emea chairman, Michael Cole-Fontayne.

Kablawi’s role spans services and solutions across asset servicing, alternative investment services, corporate trust services, broker-dealer services, depository receipts, and treasury services.

The role is Kablawi’s latest promotion at BNY Mellon Asset Servicing, where he has worked at for 19 years. During his tenure, Kablawi has served at the group’s offices across North America, the Middle East and Europe. Most recently, he was head of asset servicing for Emea. 

Raised in Lebanon, Kuwait and the United Arab Emirates, he is also a board member of the Arab Bankers Association.

The appointment is the second at BNY Mellon this month, after Robert Allan joined as head of compliance surveillance for Emea. Allan joined the firm from CIBC World Markets, where he had worked for 18 years.

As of March 31, BNY Mellon had $29.1 trillion (€26.4 trillion) in assets under custody and/or administration.

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