Antonio Portuondo Named Municipal Corporate Trust Leader of Western Alliance Trust Company, N.A.

Top Public Finance and Municipal Trust Executive Joins, Adding to the Company’s Continued Expansion

PHOENIX--(BUSINESS WIRE)--Western Alliance Trust Company, N.A., today announced that Antonio Portuondo has joined the organization to lead its Municipal Corporate Trust initiative.

Portuondo brings 26 years of experience in corporate trust and public finance, encompassing both client relationships and regulatory expertise. For the past nine years, he was president and chairperson of the Board at The Bank of New York Mellon Trust Company, N.A., a wholly owned subsidiary of BNY Mellon, where he oversaw the Asset Servicing, Corporate Trust and Clearing and Collateral Management businesses. Previously, he managed BNY Mellon’s Corporate Trust Public Finance business for 15 years. There, as the public finance Chief Administration Officer, he initiated and led strategic initiatives, managed its Best Practices program and held a variety of other roles.

"At Western Alliance, our singular mission is to be the leader in delivering responsive, white-glove service along with an exceptional slate of solutions — plus our state-of-the-art, proprietary digital platform built from the ground up to be the best in the industry at serving clients’ needs,” said Jocelyn Lynch, President and CEO of Western Alliance Trust Company. “There is no one better than Tony to help us fulfill that promise and continue our ongoing growth and expansion, while emphasizing a strong client-focused culture.”

Western Alliance helps clients navigate the debt capital markets to achieve their capital requirements strategies as a premier provider of trustee and agency services. As Municipal Corporate Trust Leader, Portuondo will manage the organization’s national municipal corporate trust business, providing sales and relationship management as well as servicing clients directly. Based in Jacksonville, Florida, he works with clients nationwide.

“I am very pleased to join such a successful, growing organization, known for delivering top-notch personal attention and putting clients front and center,” said Portuondo. “The combination of its experienced management team and industry-leading technology platform makes Western Alliance Trust Company an extremely attractive business partner for Public Finance Issuers and municipal clients nationwide.”

About Western Alliance Trust Company, N.A.

Western Alliance Trust Company, N.A., a wholly owned subsidiary of Western Alliance Bancorporation, is a premier provider delivering corporate trust services in the CLO and levered loan markets to help customers achieve their asset management strategies. Clients benefit from the team’s deep expertise in CLO trustee and administration, levered loan facility administration, loan administration and securities custody. Our state-of-the-art, proprietary digital platform and outstanding, personalized attention help you prosper. Products and services offered by Western Alliance Trust Company are NOT FDIC insured, NOT bank guaranteed and MAY lose value. For more information, visit Western Alliance Trust Company.

About Western Alliance Bancorporation

With more than $85 billion in assets, Western Alliance Bancorporation (NYSE:WAL) is one of the country’s top-performing banking companies. Through its primary subsidiary, Western Alliance Bank, Member FDIC, clients benefit from a full spectrum of tailored commercial banking solutions and consumer products, all delivered with outstanding service by industry experts who put customers first. Major accolades include being ranked as a top U.S. bank in 2024 by American Banker and Bank Director and receiving #1 rankings on Extel’s (formerly Institutional Investor’s) All-America Executive Team Midcap Banks 2024 for Best CEO, Best CFO and Best Company Board of Directors. Serving clients across the country wherever business happens, Western Alliance Bank operates individual, full-service banking and financial brands with offices in key markets nationwide. For more information, visit Western Alliance Bancorporation.