J.P. Morgan selects Heath as Global Head of Agency Securities Finance
11 July 2024 UK
Image: Simon_Heath
J.P. Morgan has appointed Simon Heath as global head of the agency securities finance.
Based in London, he will be responsible for global trading, risk management, and buy-side relationship management.
According to the financial services company, this move comes as part of J.P. Morgan’s ongoing strategy to build a cohesive and coordinated global agency securities finance franchise.
In his new role, Heath will partner with the firm’s senior leaders and stakeholders to create opportunities and deliver more comprehensive and holistic financing services to buy side clients.
He will also continue to work with O’Delle Burke on the buy side client agenda.
Heath has been working with J.P. Morgan since 2018, previously as global head of agency securities finance trading and EMEA head for agency securities finance.
Before that, he served as managing director of securities finance at State Street for two and a half years, and as EMEA head of agency trading at Citi during his 11-year tenure with the firm.
J.P. Morgan has also selected George Rennick as global head of triparty, based in the firm’s New York office.
Rennick has also been a part of the firm since 2018. He was previously managing director, head of agency securities finance, and global head of client relationships.
During this time, he also became a board member of the International Securities Lending Association (ISLA) Americas.
Earlier in his career, Rennick served in positions at Nomura, Lehman Brothers, and Goldman Sachs.
Based in London, he will be responsible for global trading, risk management, and buy-side relationship management.
According to the financial services company, this move comes as part of J.P. Morgan’s ongoing strategy to build a cohesive and coordinated global agency securities finance franchise.
In his new role, Heath will partner with the firm’s senior leaders and stakeholders to create opportunities and deliver more comprehensive and holistic financing services to buy side clients.
He will also continue to work with O’Delle Burke on the buy side client agenda.
Heath has been working with J.P. Morgan since 2018, previously as global head of agency securities finance trading and EMEA head for agency securities finance.
Before that, he served as managing director of securities finance at State Street for two and a half years, and as EMEA head of agency trading at Citi during his 11-year tenure with the firm.
J.P. Morgan has also selected George Rennick as global head of triparty, based in the firm’s New York office.
Rennick has also been a part of the firm since 2018. He was previously managing director, head of agency securities finance, and global head of client relationships.
During this time, he also became a board member of the International Securities Lending Association (ISLA) Americas.
Earlier in his career, Rennick served in positions at Nomura, Lehman Brothers, and Goldman Sachs.
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