Most recently, Wiegel was managing director, head of sales for Benelux and Switzerland, at BNY Mellon.

Prior to this, Wiegel worked for over 20 years at ABN Amro in a number of key positions including head of regional treasury and global relationship manager.

JP Morgan Worldwide Securities Services market manager for Benelux John Gout said they continue to expand their local presence in the Netherlands as their centre of excellence in Benelux, a region with significant new growth opportunities for the securities services business.

"Mr Wiegel’s experience and track record working closely with institutional clients will be hugely beneficial to our ongoing success in the region. Having worked in the Benelux region for more than two decades, Mr Wiegel brings unparalleled insight into the nuances of this market and its participants as we continue to build our expertise in this region," Gout said.