Exclusive: ISLA appoints two extra board members 30 October 2015London Reporter: Drew Nicol
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The International Securities Lending Association (ISLA) has appointed two extra board members to balance industry representation.
Jonathan Lombardo of Eurex and Matt McDermott of Goldman Sachs were invited to join the board this week to better represent the needs of ISLA members.
ISLA CEO Andy Dyson said: “We are of course delighted to welcome Jonathan and Matt to the ISLA board and feel that their different perspectives will add greatly to the new ISLA board.”
The decision comes just a week after a new ISLA board was elected for a new two-year tenure.
Andy Krangel will remain the board’s chairmen for a second term.
State Street’s Alex Lawton was also newly elected to the board during the initial election process.
Other board members for the new term include: Aviva’s Mick Chadwick, Barclay’s Mark Newton, BlackRock’s Stefan Kaiser, BNP Paribas’s David Racca and J.P. Morgan’s Duncan Wilson.
PGGM’s Roelof van de Struik, Morgan Stanley’s Martina Szameitatand and Unicredit’s Arne Theia were also re-elected.
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