Cécile Nagel has been appointed global head of the corporate trust for asset manager BNY Mellon as of October 1.
Currently, the head of BNY Mellon’s Pershing Emea business, Nagel, will be replaced by Dennis Wallestad, subject to approvals.
Nagel will succeed James Slater and report to Roman Regelman, senior executive vice president and global head of securities services and digital.
Regelman commented: “Nagel brings a global understanding of market infrastructure, trading and post-trade and has deep experience in transformation.”
Before joining BNY Mellon’s Pershing in 2022, Cécile was the CEO of the European cash equities central counterparty, EuroCCP. She has held several positions at the London Stock Exchange Group.
Based in London, Dennis recently served as CFO and head of transformation for Pershing EMEA. He joined the firm in 2002 as CFO of BNY Clearing and served as the global CFO for Pershing and as the CEO, COO and CFO for Pershing Australia.
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