Pauline Banks has joined Bank of America Merrill Lynch as senior product manager of custody at Global Custody Agency Services (GCAS) in the Asia-Pacific region. Banks will report to Ivo Distelbrink, head of Asia Pacific Global Transaction Services, and to Stephanie Colaric, Global Custody Product Head in New York.
Banks will be developing local and global custody product capability and strategy in the region, migrating existing custody clients to a standardized international platform while establishing a strategic sub-custody business model.
Banks formerly ran J.P. Morgan’s Network Management function for Asia-Pacific covering global custody, prime services, clearance and collateral management, as well as the investment bank and the treasury services businesses.
BAML Appoints Asia-Pac Custody Manager
Pauline Banks has joined Bank of America Merrill Lynch as senior product manager of custody at Global Custody Agency Services (GCAS) in the Asia-Pacific region.