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People moves news

Nomura’s Philip Morgan set to join Pirum


10 October 2016 London
Reporter: Stephanie Palmer

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Image: Shutterstock
Pirum has appointed Philip Morgan as global head of business development, responsible for increasing the firm’s client based for current and future products.

Morgan joins from Nomura, where he spent seven years, most recently as managing director for prime services in Europe, the Middle East and Africa.

He has 20 years of experience in securities financing, including working in collateral sales at J.P. Morgan and in liquidity and prime services at Lehman Brothers.

In his new role, Morgan will be based in London.

Pirum CEO Raj Sheth said: “[Morgan’s] relationships within the securities financing industry are first class, as is his product knowledge given his background in collateral and liquidity, specific areas of focus for Pirum’s future product suite.”

Morgan said: "I am hugely excited with the opportunity Pirum have offered me, it comes at a time when technology has never been more important to the securities finance industry.”

Ben Challice, COO at Pirum, commented: “The ability to attract someone of Philip Morgan’s calibre is testament to the strength of the product at Pirum and the buzz around our product evolution. It is also further evidence of high quality talent realising the impact technology solutions will have in the future shape of the industry.”
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