Mellon appoints GSS director
US - Custody services firm Mellon Financial Corporation has promoted Vince Sands to the position of executive director of Mellon Global Securities Services (GSS) in the US.
Sands will be responsible for developing and executing GSS’s strategy and business development.
In addition to his new responsibilities, Sands will continue to manage all of GSS’ US trust services, which include sales and marketing, client services, implementation, e-commerce, information delivery and GSS’ newly created investment management outsourcing group.
By Janet Du Chenne
Latest stories
PPF proposes levy for commercial consolidators; slashes general levy estimate by £50m
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
DB deficit could be halved by adopting new 'end-game' solutions
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
Alan Rubenstein: DB consolidation right answer for only a 'minority' of schemes
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Field questions TPR over lessons learnt from Kodak Pension Plan
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).
Most read
