New CEO for Stonewain 08 February 2013Berkeley Heights Reporter: Mark Dugdale
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Armeet Sandhu has been promoted to CEO at securities finance software and solutions provider Stonewain Systems Inc.
Before joining Stonewain, Sandhu worked as managing director at Scotia Capital, where he developed a custom solution for the agency lending team.
He also managed technology integration when Wachovia Global Securities Lending merged with Wells Fargo to become ClearLend Securities, and he served as chief technology officer at Metropolitan West Securities, where he led the restructuring of its technology group and the development of a new securities lending platform.
Commenting on his promotion to CEO at Stonewain, Sandhu said: “Stonewain brings to the industry a culture of exceptional value—value for investment, extensive functionality based on our deep understanding of the business needs, cutting edge technology and a commitment to world class customer service. Stonewain's platform is being well received by the industry and we are writing our success story one client at a time.”
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