BNY Mellon Promotes Hani Kablawi as EMEA Head of Investment Services

BNY Mellon, a global investment group and asset managing leader, has appointed Hani Kablawi as its newest Head of Investment Services for Europe, the Middle East and Africa (EMEA) with immediate effect, who joins the group’s London brand.

In his new role as BNY’s EMEA Head of Investment Services, Mr. Kablawi will be tasked with leading the group’s overall business strategy for Investment Services in the region – his latest promotion in a lengthy career with the company. He will be reporting to Brian Shea, CEO of Investment Services, and Michael Cole-Fontayn, Chairman of EMEA, whilst remaining in London.

Furthermore, Mr. Kablawi's expanded position will see him maintaining a central role in BNY Mellon's services and solutions across such avenues as asset servicing, alternative investment services, corporate trust services, broker-dealer services, depository receipts, and treasury services, among others.

Mr. Kablawi originally joined BNY Mellon in 1997, having since held a number of management and senior level roles across the group’s New York, UAE, and London operations. His most recent appointment prior to the promotion saw him working as the Head of Asset Servicing for EMEA.

According to Mr. Shea in a statement on the appointment: "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. Under Hani's leadership we will continue to bring together Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term and Sell-Side Sell-Side Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Read this Term solutions, and capitalise on our significant investment in technology and innovation to drive growth across the region."

"Hani has developed and delivered on a comprehensive regional plan and put Asset Servicing on a firm footing for further growth. 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,” added Samir Pandiri, CEO of Asset Servicing at BNY Mellon, in an accompanying statement.

The appointment is the second at BNY this month after adding Robert Allan as its Head of EMEA Compliance Surveillance. The position was his first outside the realm of CIBC World Markets, where he worked for a period of nearly eighteen years, dating back to 1998.