Copying and distributing are prohibited without permission of the publisher
BNY Mellon appoints new Germany executive
01 July 2014
Former country executive for Germany, Fred Bromberg, to take up senior client executive role in New York
BNY Mellon has appointed Werner Taiber as country executive for
Germany in addition to his role as CEO of Meriten Investment
Management, BNY Mellon's investment boutique.
Based in Dusseldorf, Taiber takes up his new role on July 1
2014. He will report to Michael Cole-Fontayn, BNY Mellon's
chairman of Emea, and Mitchell Harris, president of BNY
Mellon Investment Management.
"Germany remains a key growth market for BNY Mellon. As
regional executive, Taiber 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," said
"Werner has strong relationships within the German business
community and brings in-depth knowledge and clear insights in
respect of our clients' needs to his new role," said Harris.
Taiber will replace 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
"In his new role, [Bromberg] 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," said
Thomas Brand will continue 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.