Hani Kablawi, a well-known figure in Gulf investment management circles and 19-year-BNY Mellon employee, has been named to head up investment services for BNY Mellon’s EMEA operations.
He succeeds Michael Cole-Fontayn, who remains with BNY Mellon, in his existing other role, as chairman of EMEA.
Kablawi’s appointment marks the first time that the EMEA investment services role is free-standing, which the company said reflects its intention to “further bring together buy-side and sell-side solutions across asset servicing, alternative investment services, corporate trust services, broker-dealer services, depositary receipts and treasury services”.
Most recently Kablawi, who joined BNY Mellon in 1997, had been head of asset servicing for the EMEA operation, where he is being succeeded by another BNY Mellon veteran, Daron Pearce. During his time with the company, Kablawi has held a number of business, functional and risk management roles based in New York, Abu Dhabi, Dubai and London.
Kablawi continues to be based in London, BNY Mellon said, where he reports to Brian Shea, chief executive of Investment Services, and Cole-Fontayn.
Shea said that with Kablawi in charge of the EMEA investment services operation, in addition to continuing to “bring together buy-side and sell-side solutions” across the financial services spectrum, BNY Mellon would also be looking to “capitalise on our significant investment in technology and innovation to drive growth across the [EMEA] region”.
Kablawi is a board member of the Arab Bankers Association, and also recently featured in the Top 100 inaugural UPstanding Executive Power List, which celebrates the work carried out by the Black Asian Minority Ethnic business community.
BNY Mellon is the corporate brand of New York Stock Exchange-listed Bank of New York Mellon Corp.