Garritt departs from the RMA after 23 years
30 June 2023 US
Image: RMA
Fran Garritt has departed from his position as director for securities lending and market risk at the Risk Management Association (RMA).
As a well-known representative of the RMA, Garritt dedicated more than two decades to the Association. He spent the past 14 years focused on market risk and securities lending.
His role included all aspects of securities lending and regulatory outreach. In terms of market risk, functions revolve around all aspects of funding and traded market risk, counterparty risk, collateral management, model risk and country risk.
During his time with the Association, Garritt has been a driver behind the RMA’s efforts to work with global regulators to better understand the securities finance and lending business and drive improved outcomes for members.
Additionally, Garritt has worked to broaden the RMA membership over his tenure to foster a more inclusive association. He has helped to author several key white papers for the membership, ensuring the RMA’s mission of education is met.
Garritt took over as director of securities lending and market risk in 2013 from his previous position as associate director.
He replaced former director Christopher Kunkle after proving instrumental in the development of market risk and securities lending for six years prior.
Securities Finance Times publisher Justin Lawson comments: “Having worked with Fran for nearly 20 years — and even closer while running Securities Finance Times and producing the RMA Daily magazine for the annual RMA Securities Finance & Collateral Management Conference — I was saddened to hear of his departure.
“Everyone at Securities Finance Times has enjoyed working with him over the years and wishes him the best for the future."
As a well-known representative of the RMA, Garritt dedicated more than two decades to the Association. He spent the past 14 years focused on market risk and securities lending.
His role included all aspects of securities lending and regulatory outreach. In terms of market risk, functions revolve around all aspects of funding and traded market risk, counterparty risk, collateral management, model risk and country risk.
During his time with the Association, Garritt has been a driver behind the RMA’s efforts to work with global regulators to better understand the securities finance and lending business and drive improved outcomes for members.
Additionally, Garritt has worked to broaden the RMA membership over his tenure to foster a more inclusive association. He has helped to author several key white papers for the membership, ensuring the RMA’s mission of education is met.
Garritt took over as director of securities lending and market risk in 2013 from his previous position as associate director.
He replaced former director Christopher Kunkle after proving instrumental in the development of market risk and securities lending for six years prior.
Securities Finance Times publisher Justin Lawson comments: “Having worked with Fran for nearly 20 years — and even closer while running Securities Finance Times and producing the RMA Daily magazine for the annual RMA Securities Finance & Collateral Management Conference — I was saddened to hear of his departure.
“Everyone at Securities Finance Times has enjoyed working with him over the years and wishes him the best for the future."
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