Brown Brothers Harriman has reshaped its senior securities lending team, with Sarah Holmes stepping up to global head.
With almost 30 years of service at the Boston-based bank, Holmes is promoted from her previous position as chief administrative officer within Brown Brothers Harriman’s (BBH’s) systems and technology discipline.
In her role as global head of securities lending, Holmes will oversee product development, trading and client engagement for the securities lending segment.
Previously, she has had senior client service roles within the Investor Services Relationship Excellence and Client Service segments at BBH and has been senior HR business partner at the organisation.
The bank has moved Tom Poppey to head of product strategy in the securities lending division, with a focus on expanding BBH’s lending activities into new locations, advancing its automated trading technology and building its DealBoard solution, a proprietary technology that identifies optimisation opportunities from underutilised portfolio assets.
Robert Lees will continue as BBH’s global head of securities lending trading, with a focus on enhancing the bank’s integrated platform trading and algorithmic execution capability to maximise risk-adjusted return generated for its clients.
Commenting on her appointment, Holmes says: “I am excited to join the premier agent lending team in the business. We aspire to provide global investment managers with superior risk-adjusted revenue combined with an outstanding client experience.
“I am focusing first on advancing our industry leading e-trading capabilities and adding technology, product features and functionality that will benefit our clients and drive efficiencies across our programme.”
BBH partner and global head of markets Chris Gothard adds: “Sarah is passionate about client service, technology, and diversity and we are delighted she is bringing her insightful leadership to the securities lending team, our markets business overall, and most importantly our clients.”
