Garritt takes top RMA sec lending job as Kunkle departs for Wells Fargo
Latest news
Garritt takes top RMA sec lending job as Kunkle departs for Wells Fargo 27 September 2013New York Reporter: Mark Dugdale
Image: Shutterstock
Fran Garritt is taking over as director of securities lending and market risk at the Risk Management Association (RMA).
Garritt, who currently works as associate director, will replace Christopher Kunkle on 7 October. He has worked at the RMA since 2000, and has been instrumental in market risk as well as securities lending development over the past six years.
Kunkle is leaving the RMA after almost four years in the job. He is joining Wells Fargo as a managing director. He will be based in New York from 9 October.
He started out in securities lending at Bankers Trust Company in 1993. There, he worked as global head of securities lending product development.
It was while at Bankers Trust that Kunkle first began working at the RMA, joining its legal tax and regulatory sub-committee in 1994.
Kunkle has also worked in senior roles at Fleet Financial Corp, Mellon Financial, J.P. Morgan and Wachovia, which Wells Fargo acquired at the end of 2008.
SLT would like to take this opportunity to thank Kunkle for his years of service at the RMA, and in helping to make securities lending stronger during what has been a difficult period since the financial crisis.
We wish him well in the future, and look forward to continuing to work with Garritt in his new capacity at the RMA.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities Finance Times
Image: Shutterstock 