Western Alliance Trust Company Appoints Antonio Portuondo as Municipal Corporate Trust Leader

Antonio Portuondo has joined Western Alliance Trust Company as Municipal Corporate Trust Leader, bringing 26 years of experience in corporate trust and public finance. He previously worked at BNY Mellon, overseeing Asset Servicing, Corporate Trust, and Clearing and Collateral Management businesses. Portuondo will manage Western Alliance's national municipal corporate trust business, providing sales and relationship management services to clients nationwide.

Title: Antonio Portuondo Joins Western Alliance Trust Company as Municipal Corporate Trust Leader

Western Alliance Trust Company, N.A., has announced the appointment of Antonio Portuondo as its Municipal Corporate Trust Leader. With 26 years of experience in corporate trust and public finance, Portuondo brings a wealth of expertise to the role.

Portuondo previously served as president and chairperson of the Board at The Bank of New York Mellon Trust Company, N.A., a subsidiary of BNY Mellon. In this position, he oversaw the Asset Servicing, Corporate Trust, and Clearing and Collateral Management businesses. Before that, he managed BNY Mellon’s Corporate Trust Public Finance business for 15 years, where he initiated strategic initiatives and managed the Best Practices program.

"At Western Alliance, our singular mission is to be the leader in delivering responsive, white-glove service along with an exceptional slate of solutions — plus our state-of-the-art, proprietary digital platform built from the ground up to be the best in the industry at serving clients’ needs,” said Jocelyn Lynch, President and CEO of Western Alliance Trust Company. “There is no one better than Tony to help us fulfill that promise and continue our ongoing growth and expansion, while emphasizing a strong client-focused culture.”

As Municipal Corporate Trust Leader, Portuondo will manage Western Alliance's national municipal corporate trust business, providing sales and relationship management services to clients nationwide. Based in Jacksonville, Florida, he works with clients across the country.

"I am very pleased to join such a successful, growing organization, known for delivering top-notch personal attention and putting clients front and center,” said Portuondo. “The combination of its experienced management team and industry-leading technology platform makes Western Alliance Trust Company an extremely attractive business partner for Public Finance Issuers and municipal clients nationwide.”

Western Alliance Trust Company, N.A., is a premier provider delivering corporate trust services in the CLO and levered loan markets to help customers achieve their asset management strategies. Clients benefit from the team’s deep expertise in CLO trustee and administration, levered loan facility administration, loan administration, and securities custody. The company’s state-of-the-art, proprietary digital platform and outstanding, personalized attention help clients prosper.

Portuondo’s appointment comes at a time when Western Alliance Trust Company is expanding its services and technology offerings. The company aims to continue its growth trajectory by leveraging Portuondo’s extensive experience in the industry.

References:
[1] https://www.stocktitan.net/news/WAL/antonio-portuondo-named-municipal-corporate-trust-leader-of-western-crp51j6ybk04.html
[2] https://www.cryptopolitan.com/bny-mellon-fuels-openeden-fund/