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BNY Mellon hires country executive of Mexico

BNY Mellon has hired Diego Folino as the company's country executive in Mexico.

In his role, Folino will oversee the strategic direction and expansion of the company’s local capabilities and presence across all business lines in Mexico.

Folino will also serve as representative of the company in its rep office in Mexico and join the Latin America Management Committee. He will report to Rene Boettcher, BNY Mellon’s chairman of Latin America.

He will also become chairman of the board of directors for BNY Mellon’s Mexican banking subsidiary, The Bank of New York Mellon, Institucion de Banca Multiple.

Folino joins BNY Mellon with nearly 25 years of international banking, corporate finance and management experience.

Most recently, Folino served in a variety of senior management positions at Standard Chartered Bank, including as president and CEO of their private banking activities in the Americas based in Miami, CEO and Country Representative in Mexico, and head of corporate banking activities in Mexico.

Previously, Folino held a variety of financial, client management and managerial positions in Mexico at Bank of America. He is also a past president of the Mexican Association of Foreign Banks.