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Keith Reader takes the helm as the firm doubles down on growth in the region
WILMINGTON, DEL. – March 18, 2024 – Wilmington Trust, a leader in the U.S corporate and institutional trust services, today launched its Project Finance offering in Europe and has promoted Keith Reader to Managing Director to lead this business. Keith will be responsible for building and executing the growth strategy for the product in Europe, with a focus on energy and infrastructure. He will work closely with the Americas team and in collaboration with Will Marder, Wilmington Trust’s Managing Director of Project Finance for the Americas, and Doug Lavelle, Global Project Finance Sales Leader, to build out and grow this business, providing a truly global offering.
“Keith has been an integral part of Wilmington Trust’s project finance evolution, with a steadfast commitment to excellence and the foresight to leverage our existing European enterprise to further drive expansion initiatives and foster innovation,” said Marder. “In this role, he is poised to deliver our suite of Project Finance trust and agency services to clients who are active in the rapidly expanding European market.”
With extensive banking experience, Keith most recently led a Relationship Management team for Wilmington Trust and has spent over a decade at the organization specializing in Corporate Trust and Loan Agency Services. Prior to joining, Keith managed a large portfolio of project finance transactions as a senior transaction manager at Standard Chartered Bank and also held positions with HSBC and Lloyds Bank. Keith’s experience includes syndicated loans, international project finance (renewables, power, utilities, transport, infrastructure, oil & gas, metals & mining), leverage finance, acquisition finance, aviation, shipping, structured trade finance, Islamic finance and restructurings across the UK, Europe, Africa, Middle East, Asia and the Americas.
"I am excited about this new chapter in Wilmington Trust’s project finance journey and humbled by the recognition of my contribution to the company's growth," said Reader. "I am looking forward to working with my Project Finance colleagues to drive growth and further solidify our position as a global leader in this market."
Wilmington Trust's Project Finance business is an integral part of the firm’s Global Capital Markets division. With more than two decades of experience in the Americas, the team understands the intricacies of project finance transactions and is well-versed in facilitating even the most complex deals.
This announcement brings an era of growth for the Project Finance team as their business has grown more than 700% globally over the past 6 years.
The Project Finance team will also be attending the Infrastructure Investor Global Summit in Berlin from March 18-24. To learn more about Wilmington Trust's services, visit the firm's Project Finance page.
About Wilmington Trust
Wilmington Trust, N.A. provides Corporate and Institutional Services including institutional trust, agency, and administrative services for clients worldwide who use capital markets financing structures. Wilmington Trust provides direct trust, custody, and fiduciary services for U.S retirement plans, companies, foundations, organizations and financial institutions.
Wilmington Trust also provides Wealth Advisory services in the Americas with a wide array of personal trust, financial planning, fiduciary, asset management, and family office solutions designed to help high-net-worth individuals and families grow, preserve, and transfer wealth.
Wilmington Trust maintains offices throughout the United States and internationally in London, Dublin, and Frankfurt. For more information, visit www.WilmingtonTrust.com.
MEDIA CONTACT: Pat Fitzgibbons, Senior Public Relations Manager, Pfitzgibbons@mtb.com
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