Treasury Management Internation Logo

Wells Fargo Names Head of New Global Treasury Management Group


San Fransisco – Wells Fargo & Company (NYSE: WFC) today announced that Paul Camp has been named Head of Global Treasury Management. Most recently CEO of Treasury Services at BNY Mellon, he will join the company in November, and will dually report to Perry Pelos, CEO of Wells Fargo Commercial Banking, and Jon Weiss, CEO of Corporate & Investment Banking.

This new role brings together Wells Fargo’s Treasury Management and Global Payment Solutions teams into one organisation that provides global cash management and payments services. By combining these businesses, Wells Fargo will be able to leverage its capabilities more effectively to help clients manage their funds and process payments worldwide. As previously announced internally to Wells Fargo, Danny Peltz, a 31-year veteran of Wells Fargo and the current head of Treasury Management & Payment Solutions, will retire on Dec. 15.

“Over Paul’s 21-year career he has experience at industry-leading global financial institutions and in technology startup environments, focused on delivering the best solutions for clients. He has a deep background in treasury management and payment solutions, which are strategic growth opportunities for the company,” said Pelos.

“Paul brings valuable expertise to this role where he will develop a strategy focused on growth and innovation, serving large, medium, and smaller businesses alike. We are excited to have him join later this year to lead our efforts to enhance products and services that are foundational to our client relationships,” said Weiss.

At BNY Mellon, Camp led an organisation that offers global payments, trade services, cash management, and foreign exchange services in 36 countries. Before that, he served as the CFO, treasurer, and EVP of Financial Operations at Circle, a fintech focused on secure technology to use and store money. He’s also held senior-level roles in transaction services and cash management at both JP Morgan Chase and Deutsche Bank.

Paul holds a B.A. in classical studies from Dartmouth College and an MBA from Harvard Business School. During his time at BNY Mellon, he was recognised for his work on diversity, equity, and inclusion issues and looks forward to continuing that work at Wells Fargo.

Most recent episodes

HSBC’s Sibos Spotlight: Investing in the Future – from Diversity to Green Deposits

In the final instalment of HSBC’s Sibos Spotlight, Eleanor Hill (TMI) invites Nadine Lagarmitte and Suraj Kalati (HSBC) to consider how corporates’ attitudes to...


HSBC’s Sibos Spotlight: The ESG Landscape – what every treasurer needs to know

In the third edition of HSBC’s Sibos Spotlight Podcast series, TMI’s Eleanor Hill invites Farnam Bidgoli (HSBC) to provide an in-depth overview of the current ESG...


The Path to Transformational Global Cash Visibility

Davina Bradley (CEVA Logistics) and Conor Deegan (CashAnalytics) join TMI’s Eleanor Hill to explore how treasurers can transform their cash visibility and forecasting within their business in a matter of weeks using a...


HSBC’s Sibos Spotlight: Embedding ESG in Trade and Supply Chains

In the second podcast from HSBC’s Sibos Spotlight series, TMI’s Eleanor Hill speaks to Surath Sengupta (HSBC) about embedding ESG into trade and supply chains....


Lost in Transaction: Overcoming Payments Pitfalls

From simple errors to duplicates, fraud and sanctions violations, there are a number of areas where payments can go wrong – especially in the real-time environment. In this podcast, TMI speaks to Andrew Ferrao...


HSBC's Sibos Spotlight: Central Bank Digital Currencies

The first edition of HSBC’s Sibos Spotlight series sees TMI’s Eleanor Hill joined by Mark Williamson and James Pomeroy (HSBC) to discuss the hot topic of Central Bank Digital Currencies (CBDCs). Our guests discuss...


Payments Vision 2025: The Inside Track

Wim Grosemans, Steven Lenaerts (BNP Paribas) and Wim Raymaekers (SWIFT) join TMI’s Eleanor Hill to outline their vision for the payments landscape in 2025. Our guests consider how recent developments such as instant...


Stepping Out from the Shadows

“Treasurers needs to step out of the shadows and into the sunshine in terms of their strategic contribution.” claims Zitah McMillan, Co-Founder and CEO, Predictive Black. In this podcast, hosted by TMI’s Eleanor Hill, our guest declares that the...


Why the ‘One Size Fits All’ Approach is Outdated - A Cash Segmentation Treasury Masterclass

With the ongoing low interest-rate environment and increasing regulatory change, it’s more important than ever for treasurers...


Instant Payments: Instant Rewards

TMI’s Eleanor Hill sits down in the virtual TreasuryCast studio with J.P. Morgan’s Global Head of Real-Time Payments, Cyrus Bhathawalla, to discuss how treasurers can capitalise on the evolving nature of real-time payments. Our guest contemplates the elements...