Mellon names new wealth-business head in Pacific NW

FWR Staff

17 April 2006

Move coincides with intro of Mellon’s private-banking services in the region. Mellon Financial has named Nancy Pellegrino regional president for its private-wealth group in Washington, putting her in charge of the group’s business-development and portfolio management efforts throughout the Pacific Northwest. She replaces John Cortis, who will serve as regional president for Mellon’s wealth business in Northern California.

Pellegrino is based in Seattle and reports to wealth-group executive director David Holst. Before her latest promotion, she was Mellon Private Wealth's a senior sales director with Mellon Private Wealth, a position she held for about six years. Before joining Mellon, she was senior vice president and regional sales manager for the Midwest region of Bank One's private asset management group. Bank One is now part of JPMorgan Chase.

“ contributions to Mellon have been many, and we're delighted to have her leading our organization in the Pacific Northwest,” says Holst.

In addition to her advisory-service responsibilities, Pellegrino will oversee Mellon's private-banking services – including deposit, credit and mortgage products - which are being offered in the Northwest for the first time.

Mellon Private Wealth Management group, part of Mellon's Boston-based asset management division, has 60 offices in California, Colorado, Delaware, Florida, Georgia, Maryland, Massachusetts, Nevada, New Jersey, New York, Ohio, Pennsylvania, Rhode Island and Washington. –FWR