Wilmington Trust added Stephanie Li, Rafael Miranda, Amedeo Morreale, Kevin Pennant and Bobby Reyes to its project finance agency services business within its global capital markets unit. The new team will report directly to Will Marder, head of project finance at Wilmington Trust.
“We are thrilled to welcome these professionals with such a robust combined resume of experience and success in the project finance sector,” Marder said. “Their addition brings tremendous knowledge to the Wilmington Trust team, and we look forward to leveraging their capabilities and insights to help us continue delivering the high-quality service our clients have come to expect while growing our award-winning project finance offering. We see significant opportunities in the project finance sector, driven by the continued focus on ESG and renewable energy, as well as the infrastructure build-out supported by recent U.S. legislation.”
Li, Miranda, Morreale, Pennant and Reyes all joined Wilmington Trust from Mitsubishi UFJ Financial Group (MUFG). The group also brings collective experience from other corporate trust shops, having served in various positions at Bank of New York/Mellon, U.S. Bank, Wells Fargo and Deutsche Bank. Together, they have more than 100 years of experience in corporate trust and banking.
Miranda, Morreale and Pennant joined Wilmington Trust as relationship managers and will be responsible for closing new transactions and managing portfolios of existing project finance transactions. Meanwhile, Li joined as a client administrator and will be responsible for assisting relationship managers in their day-to-day transaction management activities. Reyes joined as a unit manager and will be focused on control, compliance and training for the overall team.
“Our corporate trust team has seen significant deal flow in the project finance sector. We are looking forward to expanding on this growth as we leverage the experience and strong client contacts that come from these new team members,” Abby Mrozinski, head of global capital markets at Wilmington Trust, said. “Bringing on this core group demonstrates our commitment to this space and the significant investment we are continuing to make in our project finance agency services team.”
“I’m incredibly excited to have these experienced professionals join us, as they bring a highly specialized background along with strong client relationships,” Doug Lavelle, project finance sales leader at Wilmington Trust, said. “Their insights and industry connections will help us reinforce our commitment to the project finance sector and expand our footprint to new areas across infrastructure, power and renewables.”
