Achmea IM Selects BNY Mellon to Provide Depositary and Custody Services

Fazzaco learned that Achmea Investment Management(Achmea IM), a wealth management firm based in Netherlands, has appointed BNY Mellon, a global investments company, as provider of AIFMD depositary and global custody services.

The latest appointment extends BNY Mellon’s relationship with Achmea Investment Management, where it already provides depositary and fund administration services for a number of Achmea IM’s investment funds.

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Jacob de Wit, Chief Executive Officer of Achmea Investment Management, commented: “We believe BNY Mellon is the right strategic business provider for us. We have a good cultural and personal fit with BNY Mellon’s team and organisation in the Netherlands. We look forward to growing a relationship based on our shared commitment to investor outcomes and service excellence.” 

 Leonique van Houwelingen, EMEA Head of Strategic Growth and Regional Head of Client Coverage for Asset Servicing, added, “We are excited to continue expanding our relationship with Achmea Investment Management. They have been very successful in attracting new institutional investors, in particular pension funds. Our aim is to deliver digital custody and data solutions that enable seamless integration across the funds’ investment lifecycle, underpinned by a resilient, transparent and efficient operating model that enables Achmea Investment Management to focus on managing assets and servicing their customer base. This significant appointment is testament to the quality of our services, technology and our well-established team in the Netherlands.”