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19 August 2015
New York
Reporter Stephanie Palmer

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BNY Mellon boosts tax services team

Mariano Giralt has been promoted to head of BNY Mellon’s global tax services.

Previously, Girault was head of tax services for Europe, the Middle East and Africa. He will now be responsible for growth and development of the business on a global scale.

He will continue to report to Dan Kramer, head of global fund accounting and issuer client service delivery at BNY Mellon.

Kramer said: “When Mariano joined BNY Mellon’s tax services team four years ago he was a team of one, now we have 12 people in our tax services team, with the ability to expand as client needs arise.”

“The global focus of [Girault’s] team will allow us to successfully deliver tax services across our organisation while also providing tax technical support to service our clients. This is part of our strategy to extend services from a regional to a global basis.”

Girault added: “We educate and assist our clients, helping them prepare to comply with a host of new tax measures affecting financial services such as the Foreign Account Tax Compliance Act, the Common Reporting Standard and Financial Transaction Tax.”

“Each client has different needs. The challenge is how we interpret these measures for our diverse range of clients which include governments, asset managers, sovereign wealth funds, pension funds and multinationals.”

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