Wilmington Trust, a subsidiary of M&T Bank, has hired Vito Iacovazzi as vice president of business development with the company’s global capital markets division.

Wilmington Trust, a subsidiary of M&T Bank, has hired Vito Iacovazzi as vice president of business development within the company’s global capital markets division.

Based in New York, Iacovazzi will market corporate trust services and restructuring-related services to clients, according to a company statement. With over 30 years of corporate trust experience, he most recently spent 16 years as a senior vice president of business development within Wells Fargo’s corporate and restructuring services group.

Iacovazzi’s appointment continues Wilmington’s trend of hiring at its New York office, where it recently appointed a senior client advisor. For more on this see here.