Pauline Banks has joined Bank of America Merrill Lynch as global custody agency services (GCAS) senior product manager responsible for custody in the APAC region.
She will report directly to Ivo Distelbrink, head of Asia Pacific Global Transaction Services, and to Stephanie Colaric, global custody product head in New York.
She last ran J.P. Morgan’s network management function for APAC covering global custody, prime services, clearance and collateral management, as well as the investment bank and the treasury services businesses.
In her new role, Banks will develop the bank’s local and global custody product capability and strategy in the region, migrating existing custody clients to a standardised international platform whilst establishing a sub-custody business model to drive new firm wide revenues.
