Published: July 21, 2011
Depositary receipts head Michael Cole-Fontayn takes regional role.
BNY Mellon has appointed Michael Cole-Fontayn as its new chairman of Europe, Middle East and Africa (EMEA).
Cole-Fontayn will lead the regional management team in executing the company’s strategic plans and accelerating growth across the region, which represents 26% of the firm’s global revenues and employs 10,000 staff across 16 countries.
He will retain his existing role and responsibilities as chief executive officer of the depositary receipts division. Cole-Fontayn takes over the role of chairman from Tim Keaney, CEO of BNY Mellon Asset Servicing. Keaney is moving to New York, where he will continue to lead the asset servicing business globally.