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People moves news

EXCLUSIVE: CIBC Mellon appoints new global head of sec lending


26 February 2016 Toronto
Reporter: Drew Nicol

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Image: Shutterstock
CIBC Mellon has appointed Lisa Tomada as global head of securities lending, following the promotion of Jeffrey Alexander.

Tomada will now lead client service and business development for CIBC Mellon clients seeking to tap into BNY Mellon’s global securities lending programme.

She previously served as legal counsel for capital markets as CIBC Mellon and BNY Mellon navigated the 2013 merger of their securities lending programmes.

Prior to joining CIBC Mellon, Tomada served as associate general counsel, associate corporate secretary and director for UBS Global Asset Management in Canada.

Alexander took on a new role as vice president and head of relationship management in February, after more than four years as global head of securities lending.

He will still be affiliated with CIBC Mellon’s securities lending service.

Both Tomada and Alexander will report to Rob Ferguson, senior vice president of business development, relationship management and capital markets.

Tomada said: “CIBC Mellon and BNY Mellon are known across the industry for delivering strong, attentive client service that helps set us apart in the industry.”

“I am very excited to take on this new role and I look forward to collaborating with CIBC Mellon’s asset servicing clients as they tap into securities lending to help achieve their goals.”

“This is an exciting time for the securities finance industry, as changing regulatory and business needs mean new solutions and new opportunities—particularly for those clients looking to take a collaborative, flexible approach to their securities lending activities.”
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