Sec lending trade body ISLA adds COO and board members
Securities lending trade body ISLA has appointed Mark Hutchings as its new chief operating officer.
Hutchings spent over a decade managing AIG’s securities lending
operations until 2010 and served on the ISLA board during that time.
The trade body, which helps shape policy and promotes best lending and borrowing practices, has also elected Zürcher Kantonalbank’s Ueli von Burg and BNY Mellon’s Simon Tomlinson to the board, Andy Dyson, ISLA's chief executive, confirmed to Global Investor/ISF.
Von Berg and Tomlinson will replace Casey Whymark of UBS and
Duncan Wilson of J.P. Morgan, who stepped down from their positions in June.
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