Western Alliance Trust added Antonio Portuondo to lead its municipal corporate trust initiative.
Portuondo brings 26 years of experience in corporate trust and public finance, encompassing both client relationships and regulatory expertise. For the past nine years, he was president and chairperson of the board at The Bank of New York Mellon Trust Company, a wholly owned subsidiary of BNY Mellon, where he oversaw the asset servicing, corporate trust and clearing and collateral management businesses. Previously, he managed BNY Mellon’s corporate trust public finance business for 15 years. There, as the public finance chief administration officer, he initiated and led strategic initiatives, managed its best practices program and held a variety of other roles.
“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,” Jocelyn Lynch, president and CEO of Western Alliance Trust, said. “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 the organization’s national municipal corporate trust business, providing sales and relationship management as well as servicing clients directly. Based in Jacksonville, he works with clients nationwide.
“I am very pleased to join such a successful, growing organization, known for delivering top-notch personal attention and putting clients front and center,” Portuondo said. “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.”
