Northern Trust grows to meet sec lending demand
10 September 2015 London
Image: Shutterstock
Northern Trust has responded to increasing demand for its securities lending and transition management services by creating several new senior positions in its global capital markets team.
Sunil Daswani (far left), who has been with Northern Trust since 2002, will become the bank’s first head of international securities lending for Europe, the Middle East and Africa (EMEA), as well as the Asia Pacific.
Daswani will also maintain oversight of Northern Trust’s transition management sales and relationship management teams across EMEA and the Asia Pacific.
Andy Clayton, global head of securities lending at Northern Trust, said: “By combining responsibility for our transition management and securities lending businesses under his (Daswani’s) leadership, we are well placed to continue to support our clients’ needs as they evolve and extend across both aspects of our global capital markets business.”
Daswani will be assisted by Dane Fannin and Mark Snowdon (far right), who will assume the new roles of head of securities lending for the Asia Pacific and head of the capital markets client servicing team for the Asia Pacific, respectively.
Fannin will also maintain his existing responsibilities as head of the Asia Pacific trading desk in addition to his new position.
Sunil Daswani (far left), who has been with Northern Trust since 2002, will become the bank’s first head of international securities lending for Europe, the Middle East and Africa (EMEA), as well as the Asia Pacific.
Daswani will also maintain oversight of Northern Trust’s transition management sales and relationship management teams across EMEA and the Asia Pacific.
Andy Clayton, global head of securities lending at Northern Trust, said: “By combining responsibility for our transition management and securities lending businesses under his (Daswani’s) leadership, we are well placed to continue to support our clients’ needs as they evolve and extend across both aspects of our global capital markets business.”
Daswani will be assisted by Dane Fannin and Mark Snowdon (far right), who will assume the new roles of head of securities lending for the Asia Pacific and head of the capital markets client servicing team for the Asia Pacific, respectively.
Fannin will also maintain his existing responsibilities as head of the Asia Pacific trading desk in addition to his new position.
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