HSBC makes Roy Zimmerhansl global head of securities lending
25 February 2013 London
Image: Shutterstock
Roy Zimmerhansl will become global head of securities lending at HSBC Securities Services on 1 March.
He will report to John van Verre, head of global custody and treasury services, and be based in London.
With Zimmerhansl’s arrival at HSBC Securities Services, former global head of securities lending Wayne Burlingham becomes head of securities lending product management.
He will report into Zimmerhansl and focus on the development of the securities lending product.
Nick Thomas will also report to Zimmerhansl as head of securities lending sales.
In an internal memo, van Verre said: "[Zimmerhansl] is a well-known figure in the securities lending industry and brings with him a wealth of experience. He has held senior positions at leading firms across the spectrum of securities lending including prime brokers, agent lenders and an electronic trading platform. His knowledge and experience in this business will be instrumental in achieving our strategic objective to develop a leading client proposition."
“[He] will lead the area as HSBC increases its investment in the client securities lending business in response to increased client demand and in recognition that an enhanced securities lending capability is integral to the growth of the global custody business.”
Zimmerhansl runs his own consulting business, works as a product specialist at software company Trading Apps and owns training company FinTuition.
His new role at HSBC Securities Services is full-time, so his consultancy work will cease. While he will continue to own FinTuition, its ongoing management will fall to the existing team that he has in place.
He will report to John van Verre, head of global custody and treasury services, and be based in London.
With Zimmerhansl’s arrival at HSBC Securities Services, former global head of securities lending Wayne Burlingham becomes head of securities lending product management.
He will report into Zimmerhansl and focus on the development of the securities lending product.
Nick Thomas will also report to Zimmerhansl as head of securities lending sales.
In an internal memo, van Verre said: "[Zimmerhansl] is a well-known figure in the securities lending industry and brings with him a wealth of experience. He has held senior positions at leading firms across the spectrum of securities lending including prime brokers, agent lenders and an electronic trading platform. His knowledge and experience in this business will be instrumental in achieving our strategic objective to develop a leading client proposition."
“[He] will lead the area as HSBC increases its investment in the client securities lending business in response to increased client demand and in recognition that an enhanced securities lending capability is integral to the growth of the global custody business.”
Zimmerhansl runs his own consulting business, works as a product specialist at software company Trading Apps and owns training company FinTuition.
His new role at HSBC Securities Services is full-time, so his consultancy work will cease. While he will continue to own FinTuition, its ongoing management will fall to the existing team that he has in place.
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