BNY Mellon Appoints President of Trust Company

BNY Mellon has appointed Antonio Portuondo as president of BNY Mellon Trust Company, which provides trust, custody and agency services to issuers of debt and institutional investors. Portuondo replaces Troy Kilpatrick who recently went to Wells Fargo to become head of their Corporate Trust Services division.

Portuondo joined BNY Mellon in 1998 and is currently head of the public, not-for profit sales and relationship management team in the U.S. for BNY Mellon Corporate Trust. Overall, he has over 21 years of experience in the corporate trust industry and has held a variety of management positions in account administration, sales and relationship management. He also served as the chief administrative officer for the public, not-for profit Corporate Trust business.

“Tony has consistently demonstrated the value of his experience with the public, not-for profit sector and his expertise in relationship management, making him an ideal choice for this strategically important position. As we build for the future, his deep understanding of the corporate trust business will be key to our success,” says Eric D. Kamback, CEO of BNY Mellon Corporate Trust.