Fiduciary Trust Company International, a New York bank that manages over $30 billion for an international clientele, announced this week that it hired a new treasurer.
Louis S. Inghilterra, a longtime Bessemer Trust executive, was named a senior vice president, replacing Frederick Yorke, who resigned last fall. Mr. Inghilterra, who started last month, reports to Fiduciary's chief financial officer, Michael Magdol.
Most recently, Mr. Inghilterra was chief operating officer of Fletcher Asset Management, New York. Previously, he worked for 15 years at Bessemer, where he was a senior vice president in accounting.
"Louis Inghilterra brings tremendous professionalism and experience that will serve our clients both in the United States and internationally," Fiduciary president Anne Tatlock said in a release.
"His knowledge extends beyond the treasury and banking functions to the broader aspects of our business," she added.
Fiduciary has been bolstering its sales efforts under the leadership of a former Goldman, Sachs & Co. partner, Henry Barkhorn. Mr. Barkhorn joined Fiduciary this summer as executive vice president for new-business development.
The trust company manages money for corporations, academic institutions, foundations, government entities, and wealthy individuals.