Budh-Raja becomes first female chair at ISLA 03 November 2022UK Reporter: Carmella Haswell
Image: ISLA
The International Securities Lending Association (ISLA) has welcomed Ina Budh-Raja as the organisation’s first female chairperson since its formation, as the association assembles a new board.
Budh-Raja will chair the association’s board of directors for the next three years, alongside the newly elected group, which consists of Jonathan Lombardo as ex-officio, Alessandro Cozzani as vice chair and Philip Winter as treasurer.
Working closely with the ISLA’s senior management team, the group will continue to ensure that the association’s strategy remains progressive and meets the demands of its membership, as well as society more broadly.
According to ISLA, the 15 officers and directors, who represent a geographically and functionally diverse group of member firms from across the securities lending and financing industry, will build upon the work of the previous board.
Commenting on her new role, Budh-Raja says: “I am delighted to be re-elected as a director, and truly humbled and thrilled to be the first chairwoman of the ISLA Board since the association was established some 35 years ago.
“The last term gave me the opportunity to bring my combined legal and product experience to the table in a wider industry context, and I am now very much looking forward to building on the great work that Jonathan led-on during his tenure in this capacity.”
Budh-Raja adds that the strength of experience and diversity of skill sets within the group is immense and provides a strong foundation as the team navigates unprecedented evolution in the market.
Andrew Dyson, CEO of ISLA, comments: “I would like to thank our outgoing board, led by Jonathan, for their support in helping to shape the association we see today.
“As we look to the next stage in our evolution, I would like to welcome Ina as our new chair. It is also great to see other familiar faces returning to the group to provide that level of continuity, alongside individuals and firms that have never been represented on the ISLA Board before. I very much look forward to working with this new and diverse group.”
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: ISLA 