Wells Fargo named Lisa McGeough head of its new Financial Institutions Group (FIG).

McGeough, who joined Wells Fargo in 2005, is currently head of the Industrials Group for Corporate Banking. She is also the former head of Wells Fargo Securities in the Europe, Middle East, and Africa region (EMEA) and CEO of Wells Fargo Securities International where she oversaw investment banking and capital markets activities, including advisory services and sales and trading for EMEA.

With more than 27 years of experience in institutional sales and marketing, McGeough has held roles at Morgan Stanley, Toronto Dominion Securities and Salomon Brothers.

Based in Charlotte, NC, McGeough will report to Perry Pelos, senior executive vice president and head of Wholesale Banking.

“This is an exciting time for the business as we leverage the talents and experience of our expanded team and continue to strengthen our global capabilities,” Pelos said. “With her extensive leadership and capital markets expertise, Lisa will lead efforts to deepen relationships with our financial institution customers as we provide them with a more integrated global platform.”

The newly-established FIG includes the Global Financial Institutions business, formerly part of Wells Fargo’s International Group, and the Financial Institutions business, formerly part of Wells Fargo’s Corporate Banking Group.

With more than 800 team members globally, FIG will focus on serving the long-term financial needs of U.S. banks, international financial institutions, supranationals, sovereigns and non-bank financial institutions including insurance companies, broker dealers, asset managers, exchanges, finance companies, payment processors and title companies.