BNY Mellon Boosts Collateral Services Team With German Hire

Gesa Benda has joined BNY Mellon as Global Collateral Services product segment manager for clearing houses, based in Frankfurt.

Benda will manage key clearinghouse relationships and drive the development of BNY Mellon’s GCS business in Europe. She will report to Staffan Ahlner, managing director, Global Collateral Services.

Benda joins from European CCP Eurex where she was head of derivatives clearing business development. At Eurex she was responsible for establishing the CCP’s cash equity clearing and implementation of client asset protection and collateral management strategy. Gesa has also previously held roles at KPMG and Deutsche Bank.

Staffan Ahlner, managing director, Global Collateral Services at BNY Mellon, said: “Gesa’s appointment underlines our commitment to continuing to build our Global Collateral Services business and grow its footprint in the EMEA region. We want GCS to be the first port of call for all of our client’s collateral needs through an approach that is at once global in scope and tailored to their specific regional requirements. Gesa’s notable experience will greatly contribute to our success in meeting that goal.”