Northern Trust has promoted Dane Fannin to global head of global foreign exchange (GFX) and securities finance.
The new role is an expansion of Fannin’s previous position as global head of securities finance, and will see him take responsibility for technology innovation and business growth across the company’s suite of GFX and securities finance solutions.
He will report to Guy Gibson, global head of capital markets, banking and treasury services.
Fannin has been a Northern Trust employee for 17 years. He previously worked in the company’s capital markets division in Asia-Pacific for 12 years, rising to the role of head of capital markets Asia-Pacific.
Commenting on the appointment, Gibson says: “We are excited to announce this expansion in Dane’s responsibilities which reflect his strong vision and leadership in the development of our integrated capabilities across our global securities finance business.
“Dane’s dual focus will support our clients as they increasingly look for holistic solutions across their FX and securities finance needs to meet their liquidity and portfolio optimisation objectives.”
GFX provides a range of liquidity, trading, transaction processing and outsourced FX solutions for institutional investors across direct FX, eFX, currency management, complete FX and custody FX.
