ISLA names O’Donnell as COO
11 June 2026 UK
Image: LinkedIn
The International Securities Lending Association (ISLA) has appointed Stephen O’Donnell as chief operating officer.
O’Donnell brings more than 20 years’ experience at Tier 1 global financial institutions spanning securities finance, derivatives, collateral, and clearing.
He joins ISLA from BNY, where he spent four years as EMEA head of sales and relationship management for Global Collateral and Global Clearing, responsible for the EMEA client franchise.
Prior to BNY, O’Donnell spent 16 years at Morgan Stanley across multiple roles, including EMEA chief operating officer for securities lending and EMEA head of sales strategy for securities finance.
Throughout his career, he has worked extensively with institutional clients and market participants across EMEA and globally.
His experience includes commercial leadership and financial resource management, alongside regulatory and market initiatives in securities finance and collateral markets.
Stephen holds a bachelor of accounting and finance (Hons) from the University of Glasgow, and graduated from the Securities Industry Institute Executive Leadership Programme at The Wharton School in 2026.
Ina Budh-Raja, ISLA CEO, states: “Bringing a wealth of experience and skills, his appointment strengthens ISLA’s leadership team at an important time, as we continue to sharpen execution, advance the association’s strategy, and deliver increased member value”.
O’Donnell brings more than 20 years’ experience at Tier 1 global financial institutions spanning securities finance, derivatives, collateral, and clearing.
He joins ISLA from BNY, where he spent four years as EMEA head of sales and relationship management for Global Collateral and Global Clearing, responsible for the EMEA client franchise.
Prior to BNY, O’Donnell spent 16 years at Morgan Stanley across multiple roles, including EMEA chief operating officer for securities lending and EMEA head of sales strategy for securities finance.
Throughout his career, he has worked extensively with institutional clients and market participants across EMEA and globally.
His experience includes commercial leadership and financial resource management, alongside regulatory and market initiatives in securities finance and collateral markets.
Stephen holds a bachelor of accounting and finance (Hons) from the University of Glasgow, and graduated from the Securities Industry Institute Executive Leadership Programme at The Wharton School in 2026.
Ina Budh-Raja, ISLA CEO, states: “Bringing a wealth of experience and skills, his appointment strengthens ISLA’s leadership team at an important time, as we continue to sharpen execution, advance the association’s strategy, and deliver increased member value”.
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