Financial services industry veteran to lead overall strategy and execution for the region
LONDON--(BUSINESS WIRE)--Wells
Fargo & Company (NYSE:WFC) announced today that John Langley has
been named as the new regional president for Europe, Middle East &
Africa (EMEA), effective July 1. In his new position, Langley will be
based in London and report to Walter Dolhare and Lisa McGeough, co-heads
of Wells Fargo International. Langley also will be head of Corporate and
Investment Banking (CIB) in EMEA and report to Rob Engel, Dolhare and
McGeough, co-heads of CIB. Langley’s appointment is subject to
regulatory approval.
“We are delighted to welcome John to Wells Fargo, as he brings a wealth
of commercial knowledge and expertise,” said Dolhare. “His extensive
leadership and global banking experience will support our efforts in
strengthening Wells Fargo’s platform in delivering a premium level of
service to our customers and stakeholders in the region.”
McGeough said, “Frank has been a highly respected team member for more
than two decades; over the last four years, under his stewardship, he
has worked tirelessly to lead the EMEA region. We are very grateful for
the energy and commitment he has shown and we wish him well with his
retirement.”
Langley succeeds Frank Pizzo, who retires as EMEA regional president at
the end of June.
With more than 1,500 team members in EMEA, Wells Fargo is focused on
enabling global businesses. Taking a disciplined and considered
approach, Wells Fargo aims to deepen its stakeholder relationships by
serving its customers — such as U.S. and global corporates, financial
institutions and institutional investors — within a strategic and
regulatory compliant framework. The company’s five core businesses in
EMEA include CIB, Commercial Capital, Commercial Real Estate, Middle
Market Banking and Asset Management.
As regional president, Langley will lead the overall strategy and
execution for the EMEA region, and he will have regional responsibility
for the CIB business in EMEA. In addition, Langley will have regional
oversight, alongside the global line-of-business heads, for all
businesses operating in EMEA. He also will work with Wells Fargo’s
business leaders to serve regional customers by leveraging the company’s
global network and capabilities.
Langley retired from Barclays in 2017 after an 11-year tenure; most
recently, he was responsible for Global Capital Markets and a member of
the Banking Executive Committee. Prior to Barclays, Langley held senior
leadership roles at Merrill Lynch for more than a decade as well as
senior trading positions at Banque Paribas and Chase Manhattan Bank.
Langley received an M.A. in Natural Sciences from the University of
Cambridge.
Wells Fargo’s International Group operates from 31 countries outside the
U.S., from locations including the Cayman Islands, Dublin, Dubai
International Financial Center (DIFC), Frankfurt, Hong Kong, London,
Luxembourg, Paris, Seoul, Shanghai, Singapore, Taipei, Tokyo and Toronto.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based
financial services company with $1.9 trillion in assets. Wells Fargo’s
vision is to satisfy our customers’ financial needs and help them
succeed financially. Founded in 1852 and headquartered in San Francisco,
Wells Fargo provides banking, investment and mortgage products and
services, as well as consumer and commercial finance, through 7,700
locations, more than 13,000 ATMs, the internet (wellsfargo.com) and
mobile banking, and has offices in 32 countries and territories to
support customers who conduct business in the global economy. With
approximately 262,000 team members, Wells Fargo serves one in three
households in the United States. Wells Fargo & Company was ranked No. 26
on Fortune’s 2018 rankings of America’s largest corporations. News,
insights and perspectives from Wells Fargo are also available at Wells
Fargo Stories.