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People moves news

Markit restructures securities finance leadership


18 November 2014 London
Reporter: Mark Dugdale

Generic business image for news article
Image: Shutterstock
David Carruthers is leaving Markit to join a new venture outside of securities lending, it has been confirmed.

Carruthers, who is co-head of Markit Securities Finance, will leave the data analytics company before the end of the year.

Co-head Ed Marhefka will take over full responsibility for running Markit’s securities finance business, with directors Oliver Smith and Pierre Khemdoudi supporting in Europe.

Carruthers has worked at what was previously known as Data Explorers since 2008.

He has also worked at risk management analytics firm Barrie & Hibbert, which is now owed by Moody’s, as a senior consultant on portfolio risk, asset liability modelling and derivative pricing.
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