Brown Brothers Harriman (BBH) has promoted Marney McCabe and Thomas Poppey to co-head its global securities lending business following Keith Haberlin’s side-step to leading the firm’s fintech organisation.
Both McCabe and Poppey previously held leadership positions within BBH’s lending business and have worked with Haberlin for the past 12 years, which has made the transition for clients “seamless”, BBH says.
McCabe has served at BBH for nearly 14 years. Prior to her promotion, she was senior vice president and head of securities lending relationship management for just over two years. She also served as vice president of global securities lending for nearly 12 years from July 2009.
Prior to BBH, McCabe was a portfolio manager for Emerson Investment Management for nearly five years, she also held roles as a research associate and trader.
Poppey has been with BBH for just over 12 years and previously served as head of global securities lending product management.
He also brings experience from five years as a council board member for the securities lending council for the Risk Management Association.
Prior to that, he was managing director at State Street for four years in 2004.
The firm’s securities lending business comes under its Markets division which is led by Chris Remondi.
Meanwhile, former head of the security lending business, Haberlin, has assumed responsibility for BBH’s fintech organisation, which provides a suite of middle-office technology and service offerings to its global client base.
Haberlin has served at BBH for nearly 16 years and held his previous role for more than 12 years.
Before that, he was senior vice president head of infomediary for Europe, the Middle East and Africa.
Before BBH, Haberlin held several sales management positions at SWIFT, Henderson Global Investors, Fidelity Brokerage Services and Clearstream.
