Boettcher Tapped to Lead BoNY LatAm

Bank of New York Mellon has appointed Rene Boettcher as chairman of the LatAm region. He will continue to serve as head of client management for LatAm, reporting to Bill Williams, head of developing markets client management. Karen Peetz, chief executive officer of financial markets and treasury services, will be the executive committee sponsor for Latin America. Boettcher joined BoNY’s depositary receipt business in 1996. The following year he moved to Brazil to become country manager for depositary receipt and corporate trust-related sales and relationship management efforts. He returned to New York in 2005 to head sales and marketing for LatAm within the depositary receipt business. In January 2007, he became head of client management for LatAm. “International expansion continues to be one of our strategic priorities, and Latin America is a region that is host to some of the fastest developing economies in the world,” says Robert Kelly, BoNY’s chairman and CEO. The bank has rep offices in Brazil, Mexico, Chile and Argentina and holds a banking license in Mexico. It recently completed the acquisition of ARX Capital Management, an asset management business in Brazil.