BNY Mellon has appointed a new head of its European banking business, following a reshuffle of its global asset serving unit.
Laura Ahto, who has held the role as CEO of BNY Mellon SA/NV, its Brussels-based banking subsidiary, has been appointed chief administration officer for BNY Mellon’s global asset servicing business. Ahto will be relocated to the US.
She will be replaced by Leonique van Houwelingen, BNY Mellon’s former business head of Continental Europe and country executive for The Netherlands.
BNY Mellon has recently made a number of moves in Europe as part of a revamp of the business in the region. These include the hire of Katherine Starks as head of its asset servicing business in Germany, Austria, Switzerland and CEE region.
Starks joined from Euroclear where she was previously head of Continental Europe for sales, relationship and account management.
In January BNY Mellon appointed Dennis Presburg as head of asset servicing business development for Northern Europe from State Street, with a focus on leading asset servicing sales in Germany, as well as business development across the region.