Renewed appetite leads to London team expansion 03 June 2010London Reporter:
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Northern Trust Global Investments (NTGI) Limited, has, as a result of increased demand for securities lending products and services, enhanced its securities lending team with the appointment of Mark Snowdon as senior sales and relationship manager and Mark Jones as a product manager.
In the newly created position of senior sales and relationship manager, Snowdon will expand and develop Northern Trust's securities lending client relationships across the Europe, Middle East and Africa (EMEA) region. Snowdon joined Northern Trust from JP Morgan where he was head of business growth EMEA global custody. With over 20 years' experience in financial services, he is also an Associate of the IFS School of Finance.
As securities lending product manager, Jones is responsible for developing new products and solutions to meet and anticipate the changing needs of Northern Trust's securities lending clients. Jones joins from JP Morgan where he performed a similar role.
"We are seeing renewed interest in securities lending among many of our clients," said Andy Clayton, global head of securities lending at Northern Trust. "Clients are attracted to our conservative approach to risk management and consequently we have expanded our London based team with these two new appointments. The experience they bring to these roles will ensure we continue to deliver first-class services to our clients as our global securities lending business continues to grow."
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