Wells Fargo & Company announced Lola Ninonuevo as new chief operating officer (COO) for the Europe, Middle East and Africa (EMEA) region. and subject to regulatory approval. Along with her Richard Place has joined as chief financial officer (CFO) for Wells Fargo EMEA. Richard Place joined Wells Fargo on May 11, and his role is subject to regulatory approval.
Lola Ninonuevo named as chief operating officer and Richard Place named as chief financial officer for the Europe, Middle East, & Africa (EMEA) region.
The appointment of Ninonuevo will be effective from Aug. 3. As EMEA COO, Ninonuevo will have regional responsibility for Enterprise Support functions and partner with business leaders across Wells Fargo on the management of non-U.S. activities. She will also play a critical leadership role in the development and execution of the overall Wells Fargo international vision and strategy. Ninonuevo will report to John Langley, regional president of EMEA, and Shawn Milligan, chief operating officer for International. She will be a member of the EMEA Executive and Wells Fargo Bank N.A. London Branch Management Committees, as well as chair of the EMEA Operating Committee.
“As part of Wells Fargo’s strategic commitment to the EMEA region, I’m delighted to welcome Lola and Richard to Wells Fargo as we continue to strengthen the leadership team. Both are respected industry professionals who bring extensive experience, which will further enhance our infrastructure and improve our offering for our commercial, corporate and financial institution clients across the region,” said John Langley, regional president of EMEA.
Ninonuevo has more than 25 years of experience in the financial services sector, primarily within Global Banking and Markets. She joins Wells Fargo from HSBC, where she has worked for more than 22 years in a number of senior roles in London and New York. Her most recent role was COO, Global Banking and Markets Europe, where she was instrumental in establishing the COO function following the implementation of ring-fencing in the U.K. and managing operations across the region. Prior to this, as head of Global Standards Strategy, Governance, and Assurance, she was responsible for the design and implementation of HSBC’s global financial crime compliance programme to address U.S. and U.K. regulatory orders.
