BNY Mellon structured finance appointments
03 August 2010 New York
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BNY Mellon Corporate Trust has appointed Richard P. Stanley and Debra A. Baker to oversee its structured finance business lines, reporting to Scott Posner, CEO of BNY Mellon Corporate Trust.
Stanley, who has more than 25 years of experience in a diverse range of roles within the company, will be responsible for the growth and administration of structured finance for asset backed securities, mortgage backed securities, and collateral management, as well as the QSR and Asset Solutions business units. Prior to this appointment, he was head of Global Product Management for BNY Mellon Alternative Investment Services.
Baker, who also has more than 25 years of experience in senior product management, strategy, and risk management roles, will manage the collateral debt obligations business, including related ancillary products. She was previously the chief administrative officer for BNY Mellon Corporate Trust.
"Rick and Debra have extensive experience within the securities servicing industry and a deep understanding of the corporate trust business," said Posner. "Their leadership and strategic insight will add value to our structured credit business lines and enable us to enhance our servicing capabilities."
Stanley, who has more than 25 years of experience in a diverse range of roles within the company, will be responsible for the growth and administration of structured finance for asset backed securities, mortgage backed securities, and collateral management, as well as the QSR and Asset Solutions business units. Prior to this appointment, he was head of Global Product Management for BNY Mellon Alternative Investment Services.
Baker, who also has more than 25 years of experience in senior product management, strategy, and risk management roles, will manage the collateral debt obligations business, including related ancillary products. She was previously the chief administrative officer for BNY Mellon Corporate Trust.
"Rick and Debra have extensive experience within the securities servicing industry and a deep understanding of the corporate trust business," said Posner. "Their leadership and strategic insight will add value to our structured credit business lines and enable us to enhance our servicing capabilities."
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