ISLA appoints new board of directors
11 November 2026 UK
Image: Jonathan/stock.adobe.com
The International Securities Lending Association (ISLA) has announced the appointment of its new board of directors following its annual general meeting.
The board, which was elected by ISLA's membership, brings together senior representatives from across the securities lending and financing industry and will serve a three-year term.
The newly appointed directors are:
- Johanne Armita Vara, managing director, head of EMEA institutional sales trading, prime brokerage, Goldman Sachs
- Harpreet Bains, managing director, head of EMEA agency securities finance, J.P. Morgan
- Karl Bishti, head of securities lending product, Euroclear
- Matthew Brunette, global head of financing, Norges Bank Investment Management
- Alessandro Cozzani, managing director, head of equity funding, Bank of America
- Jalal Faruki, managing director, head of securities division, SNB Capital
- Keren Halperin, deputy CEO and chief of staff, Sharegain
- Paul McGuigan, managing director, co-head of global securities finance, Scotiabank
- Matthew Neville, managing director, EMEA head of agency lending trading, State Street
- Andy Orr, head of EMEA and APAC securities lending trading, BlackRock
- Mohammed Al Amine Quorrich, head of liquidity solutions, BNP Paribas Asset Management
- Matthew Rex, global lead of SSL trading prime finance, HSBC Bank UK
- Simon Tomlinson, managing director, global head of agency lending and securities finance product, BNY
- Enrique Verdu, managing director, securities finance, Banco Santander
- Philip Winter, head of EMEA securities lending trading desk, Citibank Global Markets
The full board will take office with immediate effect for the 2026-2029 term.
According to ISLA, the new board will work closely with the association's senior management team to help shape strategic priorities, support its growing membership, and respond to ongoing developments across the securities lending and financing markets.
Ina Budh-Raja, CEO of ISLA, says: "The appointment of our new board comes at an important moment for ISLA and the industry.
“I look forward to working with the board to build on the progress we have made, deepen engagement with our members, and ensure ISLA continues to be a strong and effective voice for the industry."
Following the AGM, the board will appoint its officers, including chair, vice chair, and treasurer, with the appointments to be communicated to members in due course.
The board, which was elected by ISLA's membership, brings together senior representatives from across the securities lending and financing industry and will serve a three-year term.
The newly appointed directors are:
- Johanne Armita Vara, managing director, head of EMEA institutional sales trading, prime brokerage, Goldman Sachs
- Harpreet Bains, managing director, head of EMEA agency securities finance, J.P. Morgan
- Karl Bishti, head of securities lending product, Euroclear
- Matthew Brunette, global head of financing, Norges Bank Investment Management
- Alessandro Cozzani, managing director, head of equity funding, Bank of America
- Jalal Faruki, managing director, head of securities division, SNB Capital
- Keren Halperin, deputy CEO and chief of staff, Sharegain
- Paul McGuigan, managing director, co-head of global securities finance, Scotiabank
- Matthew Neville, managing director, EMEA head of agency lending trading, State Street
- Andy Orr, head of EMEA and APAC securities lending trading, BlackRock
- Mohammed Al Amine Quorrich, head of liquidity solutions, BNP Paribas Asset Management
- Matthew Rex, global lead of SSL trading prime finance, HSBC Bank UK
- Simon Tomlinson, managing director, global head of agency lending and securities finance product, BNY
- Enrique Verdu, managing director, securities finance, Banco Santander
- Philip Winter, head of EMEA securities lending trading desk, Citibank Global Markets
The full board will take office with immediate effect for the 2026-2029 term.
According to ISLA, the new board will work closely with the association's senior management team to help shape strategic priorities, support its growing membership, and respond to ongoing developments across the securities lending and financing markets.
Ina Budh-Raja, CEO of ISLA, says: "The appointment of our new board comes at an important moment for ISLA and the industry.
“I look forward to working with the board to build on the progress we have made, deepen engagement with our members, and ensure ISLA continues to be a strong and effective voice for the industry."
Following the AGM, the board will appoint its officers, including chair, vice chair, and treasurer, with the appointments to be communicated to members in due course.
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