eSecLending has hired Larry Albaugh as vice president, head of project management.

Albaugh will be responsible for heading eSecLending’s project management efforts that will focus on internal operational enhancements and new product and service deliveries to the company’s clients. 

Before joining eSecLending, Albaugh worked as a consultant at Barrington Partners. Previously, he worked as senior managing director at Premier Global Securities Lending and as managing director, securities finance at State Street Corporation. 

“We are excited that Larry has joined us at eSecLending. He has proven success in developing and expanding mutually rewarding relationships with institutional investors and his expertise, both in securities lending and project management, will allow eSecLending to continue to improve our evolving, innovative product offering in line with changing client needs,” said eSecLending’s chief risk officer and head of corporate strategy, Peter Economou.