Investment bank, BNY Mellon, has named Wim Hautekiet as the new chief executive officer (CEO) of its European entity The Bank of New York Mellon SA/NV, subject to regulatory approval. He will succeed Paul Bodart who is retiring after 17 years with the company.
The Bank of New York Mellon SA/NV is headquartered in Brussels and currently has branches in Amsterdam, Frankfurt, London, Luxembourg, and Paris. It is mainly active in the securities servicing sector (asset servicing, collateral management, and trustee services).
Hautekiet is an internal promotion. He currently acts as deputy general counsel for BNY Mellon across the Europe, Middle East and Africa (EMEA) region.
"Wim Hautekiet has a deep understanding of the investment servicing business across Europe and our client needs, and is very well placed to take our European banking entity to the next level of development," said Gerald Hassell, chairman, president and chief executive officer of the overall BNY Mellon group.
Bodart is departing for a new role working with the European Central Bank (ECB) as a member of the Programme Board of the Target 2 Securities (T2S) Project.