McNulty to step down as ISLA CEO
20 April 2016 London
Image: Shutterstock
Kevin McNulty, CEO of the International Securities Lending Association (ISLA), will step down after the ISLA 25th annual conference in June.
McNulty has served as CEO for seven years, following a 12-and-a-half year career with Barclays.
“It is with very mixed feelings that I have made this decision which is driven mainly by some personal challenges and my desire to spend more time with my family,” McNulty said of his departure.
“I realise that this is a critical time for our market given the number of impending regulatory developments.”
“The work programme at ISLA has never been greater and so between now and the conference, I will be focusing my time on succession planning with Andy Dyson and the board and making sure that the team is resourced appropriately to support you all over the next few years.”
Dyson, who is COO at ISLA, commented: “It’s disappointing to see Kevin McNulty depart, although it’s for very valid reasons, but he has presided over the association during a crucial time in the industry's regulatory development in the post-crisis period.”
“He was central to all of the work ISLA has done around the Securities Financing Transaction Regulation and the Central Securities Depositories Regulation, as well as the development of ISLA itself into a well established and robust trade association.”
McNulty has served as CEO for seven years, following a 12-and-a-half year career with Barclays.
“It is with very mixed feelings that I have made this decision which is driven mainly by some personal challenges and my desire to spend more time with my family,” McNulty said of his departure.
“I realise that this is a critical time for our market given the number of impending regulatory developments.”
“The work programme at ISLA has never been greater and so between now and the conference, I will be focusing my time on succession planning with Andy Dyson and the board and making sure that the team is resourced appropriately to support you all over the next few years.”
Dyson, who is COO at ISLA, commented: “It’s disappointing to see Kevin McNulty depart, although it’s for very valid reasons, but he has presided over the association during a crucial time in the industry's regulatory development in the post-crisis period.”
“He was central to all of the work ISLA has done around the Securities Financing Transaction Regulation and the Central Securities Depositories Regulation, as well as the development of ISLA itself into a well established and robust trade association.”
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