Wilmington Trust named Abby Mrozinski head of global capital markets, effective April 1.
Mrozinski has served as CFO for the firm’s wealth and institutional client services division for the past four years and has guided institutional clients for more than 15 years by providing strategic support as a relationship manager and in various other capacities. In 2011, she was a leader in the merger of Wilmington Trust and M&T Bank, making strategic recommendations to executive management in the risk management and long-term planning phases of the $351 million transaction.
Following the merger, Mrozinski joined the global capital markets relationship management team and was responsible for some of the largest transactions in the business’ history as a corporate trustee. She was then asked to take on the CFO role, in which she has supervised all financial matters related to the bank’s wealth and institutional client services division, which has grown to become the third-largest business within M&T Bank by revenue. In 2019, Mrozinski was named to American Banker’s Most Powerful Women in Banking: NEXT list, which recognizes the top 15 women in the banking profession under the age of 40.
In her new role, Mrozinski will report to Bill Farrell, head of institutional client services for Wilmington Trust.
“Abby is an incredibly thoughtful and respected leader. She embodies everything we aspire to be as an organization — highly skilled, client-focused and possessing a breadth of deep experience,” Farrell said. “Her leadership and insights in institutional services will enable us to enhance our premiere global solutions and develop the necessary talent and capabilities needed for the team to continue growing in our markets — both familiar and those new to us.”
“I’m honored to take on this role, building on our established reputation for offering clients a customized approach even in the most complicated transactions and delivering positive outcomes. I see robust opportunities for growth while leading a talented team that is sharply aware of our clients’ evolving needs in this space, especially during the most difficult of times,” Mrozinski said.
Mrozinski will be taking over for Wilmington Trust’s longtime head of global capital markets, Jack Beeson, who recently announced his retirement after serving Wilmington Trust and parent company M&T Bank for more than 38 years.
“During my more three-decade tenure at Wilmington Trust, I have been privileged to work with and lead the best teams in the industry,” Beeson said. “I couldn’t think of a more qualified person to take the reins, drive the business forward and deliver the excellence that our clients and partners expect. It is with personal pride and the utmost confidence that I pass the baton to Abby, who will not only be a responsible steward of the business we built, but central to its continued transformation and success.”
