Company appoints financial services industry veteran to build upon growing international banking business
Wells
Fargo & Company (NYSE:WFC) announced today that Frank Pizzo, a
17-year company veteran, has been named the new regional president for
its Europe, Middle East & Africa (EMEA) region, succeeding Jim Johnston
who will return to the U.S. at the end of the year. Pizzo, who will be
based in London and report to Richard Yorke, head of Wells
Fargo’s International Group, assumes his new role later this year,
pending regulatory approval.
“Over the last four years, and under Jim’s excellent leadership, Wells
Fargo has grown revenue, increased business activity and nearly doubled
our headcount as we serve more customers across EMEA,” said Yorke. “With
his extensive industry and leadership experience, I’m confident that
Frank will build upon this success as he coordinates our operations and
represents Wells Fargo as we continue to strengthen our capabilities and
presence in this very important region.”
With more than 1,000 team members in EMEA, Wells Fargo is focused on
serving its U.S. commercial and corporate customers that have business
operations in the region, multinational companies that conduct or wish
to conduct business in the U.S., and financial institution customers.
The company’s primary business lines include Global Financial
Institutions, Global Banking, Global Transaction Banking, International
Trade Services, Capital Finance, Commercial Real Estate, Corporate
Trust, Asset Management and Investment Banking and Capital Markets.
As regional president, Pizzo will work with other Wells Fargo business
leaders to serve commercial, corporate and financial institution
customers across the region leveraging the company’s global network and
expanded capabilities. He will also represent the interests of Wells
Fargo to bank regulators, government officials, central banks, and
financial institutions.
Pizzo currently serves as managing director and head of the Loan
Syndications & High Yield Debt Capital Markets Group for Wells
Fargo Securities and is responsible for managing high yield bonds,
loan sales, and syndicated finance for investment grade, leveraged, and
real estate-related transactions. With more than 20 years of banking
experience, he joined Wells Fargo in 1998 and later assumed
responsibility for the Leverage Finance practice where he managed
lending to private equity groups nationwide. Prior to joining Wells
Fargo, Pizzo was managing director at Chase Securities in New York, and
vice president in the Syndications and Corporate Distribution Group for
BA Securities, Inc. in San Francisco.
Pizzo received his bachelor’s degree in International Relations from the
Edmund A. Walsh School of Foreign Service at Georgetown University and
is a board member of the Loan Sales and Trading Association.
Wells Fargo’s International Group operates from 35 countries outside the
U.S., including branches in the Cayman Islands, Dubai International
Financial Center (DIFC), Hong Kong, London, Seoul, Shanghai, Singapore,
Taipei, Tokyo, and Toronto.
About Wells Fargo & Company
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based
financial services company with $1.7 trillion in assets. Founded in 1852
and headquartered in San Francisco, Wells Fargo provides banking,
insurance, investments, mortgage, and consumer and commercial finance
through 8,700 locations, 12,800 ATMs, the internet (wellsfargo.com) and
mobile banking, and has offices in 36 countries to support customers who
conduct business in the global economy. With approximately 266,000 team
members, Wells Fargo serves one in three households in the United
States. Wells Fargo & Company was ranked No. 30 on Fortune’s 2015
rankings of America’s largest corporations. Wells Fargo’s vision is to
satisfy all our customers’ financial needs and help them succeed
financially.