Wells Fargo & Co. appointed Louise Li as COO for the Europe, Middle East and Africa region.

She will replace Julian Daley, who is set to retire at the end of March.

Based in London, Li will also serve as manager of the London branch of Wells Fargo Bank NA, subject to regulatory approval. She will assume both roles effective April 3.

Li is currently Wells Fargo's director of tax for Asia-Pacific and EMEA.