Waldo Abbot, member of the Senior Advisory Board at Treliant, is an international executive with over 35 years of global experience in finance and banking. During his career, he has been the senior U.S. executive for two Fortune 500 foreign banks.
Prior to serving on Treliant’s Senior Advisory Board, Waldo was General Manager and Head of Treliant’s New York office. Previously, Waldo was the Chief Executive Officer of BNP Paribas Fortis in New York. In May 2009, BNP Paribas acquired a majority interest in Fortis bank SA/NV. Waldo oversaw the integration of Fortis activities into BNP Paribas. Prior to the BNP Paribas/Fortis acquisition, Waldo was the CEO of Fortis Americas. In this role, Waldo developed and initiated a 4-year growth plan, which included the build out of the Fortis’ businesses from 300 to 1300 employees and the opening of new offices in Chicago, San Francisco, Denver, Houston, and the Cayman Islands. In addition, multiple acquisitions were made during this period in physical energy trading, equity & fixed income clearing, fund of funds, and asset management.
Prior to joining Fortis, Waldo was the General Manager of Royal Bank of Canada’s New York office. As New York branch manager, he oversaw tremendous growth in RBC’s U.S. platform through organic growth and acquisitions. He also served on the Board and Executive Committee of RBC Americas. Prior to becoming Branch Manager, Waldo was Managing Director and Head of RBC’s Communication & Technology group. In this role he had global responsibility for the firm’s relationships in Media, Telecom and Technology.
Prior to his role at Royal Bank of Canada, Waldo spent 24 years with JP Morgan Chase and its previous affiliates in various management assignments in Europe, Asia, and the Americas in capital markets, corporate finance, and commercial banking.
Waldo was the Chair of the Institute of International Bankers from 2007 to 2010 and on the Executive Committee for 12 years. He is a former Board member of the Foreign Policy Association, Cadogan Management LLC and Prime Fund Solutions LLC. He served as the Executive-In-Residence at the University of Richmond (2010 – 2011) and is an Emeritus Trustee.
Waldo received his B.A. from the University of Richmond and his MBA from the Wharton School of the University of Pennsylvania.
Areas of Specialization
- Anti-Bribery and Corruption
- Bank Management
- Credit Risk (Business)
- Executive Leadership
- Government Investigations / Whistleblower Response
- Independent Monitorships and Consultancies
- LIBOR Conduct
- LIBOR Transition
- Securities Compliance / Brokerage
- Trading Room Conduct & Compliance