Sec lending veteran Marhefka set to retire
27 April 2023 US
Image: S&P_Global_Market_Intelligence
After almost 30 years in the securities lending industry, financial veteran Edward Marhefka is to retire from his position at S&P Global Market Intelligence.
Marhefka is currently managing director, head of equities data and analytics at S&P Global Market Intelligence’s New York office. In his current role, Marhefka is responsible for managing these parts of the business, which encompass securities finance, exchange-traded funds (ETFs) and benchmark services, to name a few.
The equities data and analytics businesses were transitioned to Paul Wilson and Alessandro Ferretti earlier this year.
He first joined the firm, formerly known as IHS Markit, in 2013 as managing director and co-head of the Markit Securities Finance business in North America.
Prior to his decade-long tenure with the financial information services firm, Marhefka spent 15 years at Morgan Stanley managing the global equity finance and repo sales teams.
Earlier in his career, Marhefka worked in the prime finance business at Lehman Brothers in a sales capacity. Previously, he served in the custody and clearance business at Bank of America and Bankers Trust.
Marhefka is to retire from S&P Global Market Intelligence on 31 May 2023. His future plans include travelling, golf and enjoying the New Jersey shore with family and friends.
Commenting on his retirement, Marhefka says: “I am grateful and thankful to the many people who supported, trusted and worked with me during my career. There are too many to list, but I will never forget the impact they made on my career and me and my family.
“I have been particularly fortunate to work for and with some of the best and smartest people in the financing businesses over the years, which has been integral to my personal journey. My years at the combined S&P Global have been particularly rewarding by providing me with the opportunities to expand my remit and knowledge in ways I could never have imagined.
“Now that the businesses are fully integrated into S&P Global, I am confident that the teams will continue to innovate and enhance the products for the benefit of our clients and the firm.”
Marhefka is currently managing director, head of equities data and analytics at S&P Global Market Intelligence’s New York office. In his current role, Marhefka is responsible for managing these parts of the business, which encompass securities finance, exchange-traded funds (ETFs) and benchmark services, to name a few.
The equities data and analytics businesses were transitioned to Paul Wilson and Alessandro Ferretti earlier this year.
He first joined the firm, formerly known as IHS Markit, in 2013 as managing director and co-head of the Markit Securities Finance business in North America.
Prior to his decade-long tenure with the financial information services firm, Marhefka spent 15 years at Morgan Stanley managing the global equity finance and repo sales teams.
Earlier in his career, Marhefka worked in the prime finance business at Lehman Brothers in a sales capacity. Previously, he served in the custody and clearance business at Bank of America and Bankers Trust.
Marhefka is to retire from S&P Global Market Intelligence on 31 May 2023. His future plans include travelling, golf and enjoying the New Jersey shore with family and friends.
Commenting on his retirement, Marhefka says: “I am grateful and thankful to the many people who supported, trusted and worked with me during my career. There are too many to list, but I will never forget the impact they made on my career and me and my family.
“I have been particularly fortunate to work for and with some of the best and smartest people in the financing businesses over the years, which has been integral to my personal journey. My years at the combined S&P Global have been particularly rewarding by providing me with the opportunities to expand my remit and knowledge in ways I could never have imagined.
“Now that the businesses are fully integrated into S&P Global, I am confident that the teams will continue to innovate and enhance the products for the benefit of our clients and the firm.”
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