Wilmington Trust Appoints Joe Nardi as Head of Capital Markets Insurance Business

PR Web

Wilmington, DE (PRWEB) February 24, 2012

Wilmington Trust, a leading provider of institutional trustee, agency, and administrative services through its Corporate Client Services (CCS) business, announced the addition of Joseph Nardi as head of the company’s capital markets insurance business.

In his new role, Nardi will be responsible for overseeing a team of professionals introducing clients to the full range of trust and agency services to secondary and tertiary life insurance markets. He joins Wilmington Trust from Wells Fargo Bank, N.A., where he was head of business development for corporate trust asset backed securities. Nardi will be based in Minneapolis, Minn.

“Joe’s leadership, broad experience and deep industry knowledge is a welcome addition to our already talented and experienced team of capital markets insurance professionals,” said Jack Beeson, senior vice president and head of the Global Capital Markets Group in CCS.

Wilmington Trust’s CCS business offers institutional trustee, agency, asset management, retirement plan, and administrative services for clients worldwide who use capital markets financing structures, as well as those who seek to establish or maintain nexus, or legal residency, for special purpose entities. CCS is distinguished from many of its competitors by the experience and expertise of its global staff, its multi-jurisdictional presence, and its reputation for superior service and execution.

Wilmington Trust provides Wealth Advisory Services for high-net-worth clients throughout the United States and Europe, and Corporate Client Services for institutional clients throughout the world. Wilmington Trust has offices in Arizona, California, Connecticut, Delaware, Florida, Georgia, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, Pennsylvania, South Carolina, Texas, Vermont, the Cayman Islands, the Channel Islands, London, Dublin, Frankfurt, Luxembourg, and Amsterdam. Wilmington Trust is owned by M&T Bank Corporation. For more news, visit http://www.wilmingtontrust.com/releases.