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27 November 2013
London
Reporter Georgina Lavers

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BNY Mellon hires Lars Hella for German depotbank

BNY Mellon has hired Lars Hella as head of depotbank services in Germany.

Based in Frankfurt, he will report to Laura Ahto, COO of investment services, Germany.

Hella joined BNY Mellon’s German branch in July of this year and moves into his new role from the global securities operations area.

Hella has extensive industry experience of depotbanking in both Germany and Luxembourg, global custody, capital management companies (KAGs), fund accounting and fund administration.

He has previously held positions with the German consulting firm itechx, CACEIS and State Street.

BNY Mellon in Germany has depotbank volumes of €133.5 billion and asset under custody and/or administration of €607.3 billion.

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