Wed, 02/07/2014 - 06:33
BNY Mellon has appointed Werner Taiber as country executive for Germany in addition to his role and responsibilities as chief executive of Meriten Investment Management, a specialist investment boutique of BNY Mellon.
He replaces Fred Bromberg, who is leaving Germany to take on an expanded role as a senior client executive within BNY Mellon’s global client management group, based in New York and reporting to Karen Peetz, president of BNY Mellon.
Bromberg will remain a member of the German management committee while he works with Taiber to ensure a seamless transition.
Taiber will continue to be based in Dusseldorf, reporting to Michael Cole-Fontayn, BNY Mellon’s chairman of Europe, Middle East & Africa, and Mitchell Harris, president, BNY Mellon Investment Management.
Thomas Brand continues in his roles as head of BNY Mellon’s Investment Services business for German speaking countries and South Eastern Europe and a member of the German management committee, based in Frankfurt.
Cole-Fontayn says: “As a leading European economy that is home to a broad spectrum of sophisticated institutional investors, Germany remains a key growth market for BNY Mellon. As regional executive, Werner will lead the company’s local management team in executing our organic growth plans, implementing our client coverage and servicing model and developing strong relationships with our regulators.
“We thank Fred for his leadership of the business in Germany over the past four years. In his new role, he will be one of a small team of senior client leaders responsible for developing key strategic client relationships globally and delivering the breadth of the firm’s products and services to these institutions.”
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