Northern Trust executives elected to leadership posts
24 December 2010 Chicago
Image: Shutterstock
Northern Trust is pleased that two leaders of its Global Securities Lending group have been elected to senior positions within the industry. Jeff Benner, Deputy Head of Global Securities Lending, was elected Chairman of the EquiLend Holding LLC Board, and Richard Thompson, Head of International Securities Lending Product Management, was elected Chairman of the International Securities Lending Association (ISLA). Each will serve a two-year term.
“We are very proud of these appointments and the outstanding recognition of both Jeff and Richard by industry peers across the globe,” said Andy Clayton, Head of Global Securities Lending for Northern Trust. “Northern Trust is committed to promoting the advancement of connectivity and automation, as well being heavily involved with the industry’s associations as a way to help shape the future of securities lending for the benefit of all market participants.”
Brian P. Lamb, CEO of EquiLend, said: “I have worked with Jeff Benner for many years, initially as one of the many thought leaders that invented the EquiLend platform, and now I am very pleased to work closely with him again as Chairman of the Board of EquiLend. The securities finance industry benefits when companies such as Northern Trust and EquiLend work together on market initiatives.”
Both Benner and Thompson have served as Vice Chairs at their respective associations over the past year. At Northern Trust, Benner has responsibility for all Securities Lending activity in North America, including trading, relationship management, sales and product. Thompson, based in London, is responsible for International Securities Lending Product Management at Northern Trust. He has been in the Securities Lending industry for 13 years.
As a corporation, Northern Trust partners hold senior positions within all major securities lending associations around the globe, including the Risk Management Association (RMA), the Canadian Securities Lending Association (CASLA), and the Pan Asia Securities Lending Association (PASLA).
“We are very proud of these appointments and the outstanding recognition of both Jeff and Richard by industry peers across the globe,” said Andy Clayton, Head of Global Securities Lending for Northern Trust. “Northern Trust is committed to promoting the advancement of connectivity and automation, as well being heavily involved with the industry’s associations as a way to help shape the future of securities lending for the benefit of all market participants.”
Brian P. Lamb, CEO of EquiLend, said: “I have worked with Jeff Benner for many years, initially as one of the many thought leaders that invented the EquiLend platform, and now I am very pleased to work closely with him again as Chairman of the Board of EquiLend. The securities finance industry benefits when companies such as Northern Trust and EquiLend work together on market initiatives.”
Both Benner and Thompson have served as Vice Chairs at their respective associations over the past year. At Northern Trust, Benner has responsibility for all Securities Lending activity in North America, including trading, relationship management, sales and product. Thompson, based in London, is responsible for International Securities Lending Product Management at Northern Trust. He has been in the Securities Lending industry for 13 years.
As a corporation, Northern Trust partners hold senior positions within all major securities lending associations around the globe, including the Risk Management Association (RMA), the Canadian Securities Lending Association (CASLA), and the Pan Asia Securities Lending Association (PASLA).
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