BNY Mellon’s treasury services business has realigned its leadership team for Europe, the Middle East and Africa (Emea) to concentrate its focus on different market segments across the region.
The bank previously had one head of relationship management for Emea, but this role has now been divided into two.
Daniel Verbruggen will be responsible for relationship management for Europe, and Bana Akkad Azhari for the Middle East, Africa and the Russian Commonwealth.
Verbruggen will be based in Brussels and Azhari in Beirut. Both will report to Alan Verschoyle-King, global head of relationship management and business development for treasury services.
Commenting on the new roles, Verschoyle-King says: “The realignment will ensure that we can bring specialisation to two distinct market segments, with Verbruggen focusing mainly on liquidity and cash management solutions for clients and Azhari on more traditional cash management and trade solutions.”
Verbruggen started his career in retail banking, and then assumed various roles in corporate cash management, trade and currency clearing at Citi. Before joining BNY Mellon in 2007, he worked in network management and operations at ABN Amro.
Azhari joined BNY Mellon 11 years ago after nine years with Citi, where she was vice-president and a member of the credit committee.