MOVES-ING taps Cantello, Wellock to run utilities group

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Philip Scipio

ING named Thomas Cantello and Sven Wellock co-heads of its utilities, power and renewables team reporting into Mark Appelman, head of Americas energy.

They will replace Erwin Thomet who will retire as a managing director and head of the group effective May 31.

Cantello and Wellock are both currently managing directors on the utilities, power, and renewables team. Cantello works out of San Francisco and Wellock works out of New York.