EUROPE - Former managing director of Russell/Mellon CAPS Europe Mick Brant takes over as chief executive officer of the company following the relocation of Fred Settelmeyer to the US.
Settelmeyer, who has been with the Mellon Financial Corporation for some 20 years returns to the US in a new role as marketing manager for the asset servicing sector of Mellon Global Securities Services. He was appointed CEO of the newly formed Russell/Mellon CAPS organisation when CAPS was acquired just over a year ago, and will remain a board member of Russell/Mellon Analytical Services and Russell/Mellon CAPS.
Brant who joined CAPS at its formation in 1984, was appointed managing director of Russell/Mellon CAPS in December 2001.
Bill Pryor, president and CEO of Russell/Mellon said: “We owe a great deal to Fred, his enthusiasm and commitment has contributed to our global business growth. ... We know Mick will ensure the continued success of the business. He has been involved in all aspects of the integration and has had a great deal of input into our future development.”