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People moves news

EquiLend reveals new promotions


10 July 2020 New York
Reporter: Natalie Turner

Generic business image for news article
Image: frankie's/Shutterstock.com
EquiLend has seen several changing of hats, with Mike Norwood stepping up to become global trading product owner, a role recently vacated by Alvin Oh.

In his new role, Norwood will report to Paul Lynch, global head of product at EquiLend.

As global trading product owner, Norwood is responsible for determining and delivering the product roadmap, vision and strategy for EquiLend’s trading solutions, including NGT and Collateral Trading, as well as managing a team of business analysts and product strategists. In this role, Norwood will report to Paul Lynch, global head of product at EquiLend.

In addition, he will support the platform development of Swaptimization and contribute to The Pulse, reporting to Nancy Allen, global product owner of DataLend and Swaptimization.

Prior to joining EquiLend in 2018, Norwood served at Brown Brothers Harriman for just over 12 years in a number of roles including his most recent as vice president in its securities lending business technology team.

Elsewhere, John Surgent, who is based in EquiLend’s New York office has been promoted from associate director to head of North American post-trade services.

He has served for four years as vice president, operations, within EquiLend’s clearing services business.

Surgent will now manage the North American post-trade product specialist team, which is responsible for the design of strategic objectives, the business solution centre and daily client projects for the PTS product suite.

He will continue to report to Trish Barry, director of business analysis, clearing and middle office for his business analysis and design responsibilities to Iain McKay global post-trade product owner for North American post-trade services.

Prior to EquiLend, Surgent served at Quadriserv for just over seven years in numerous roles including chief compliance officer, chief operating officer and head of integration.

Before that, Surgent had accumulated over 25 years of experience in consulting, he consulted for firms such as CitiBank, JP Morgan Chase, eSeclending, and BNY Mellon Bank.
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