BNY Mellon has established an office in Grand Cayman, continuing the expansion of its international wealth management business. In a separate move, the firm has appointed managing director Kevin Rogers as a family wealth advisor, following a spree of similar promotions at its US wealth business.

The new Grand Cayman base, which is located in Camana Bay, opens after having served international clients through local business partners in the Cayman Islands for 30 years, the firm said.

Peter Moertl heads the new office, as well as offices in New York, London and Hong Kong. 

"As BNY Mellon strengthens its focus on global markets, we embarked on a strategic reorganization of our international operations, established our presence in Toronto, and are further expanding with our new office in the Cayman Islands," said Moertl.

Patrizia Bruzio, vice president for international wealth management wealth advisory services, is general manager and director of the BNY Mellon Trust Company, which is based in Cayman. Bruzio said that the new space is now the main focus of the firm’s international wealth management expansion plan, adding that she has already has made two local hires.

In another development, New York-based Rogers will form part of BNY Mellon’s ultra high net worth families and family offices team. He will report to Ridgeway Powell, who was promoted to lead the group at the end of last year.

Previously, Rogers was a vice president within BNY Mellon’s investment advisory division and has also served as a senior portfolio manager. He first joined the firm in 1999 and has a 21-year background in financial services.

BNY Mellon has approximately $168 billion in private client assets.