Andrew Jones Will Conduct Securities Lending Business Of Penson Financial Services In Europe

Penson Financial Services Limited (PFSL), the UK based subsidiary of Penson Worldwide, Inc., has appointed Andrew Jones, 39, Head of International Securities Lending. Andrew Jones will be based in London. Jones has over 10 years of experience in the securities

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Penson Financial Services Limited (PFSL), the UK-based subsidiary of Penson Worldwide, Inc., has appointed Andrew Jones, 39, Head of International Securities Lending.

Andrew Jones will be based in London. Jones has over 10 years of experience in the securities lending business, and has spent time working in Hong Kong and Japan. Jones has also held positions with Dresdner and ING earlier in his career.

“We’re pleased to welcome Andy aboard and excited about what it means long-term for PFSL,” says Mike Johnson, head of Global Securities Lending, Penson Worldwide, Inc. “He brings with him a wealth of experience-his strengths and knowledge of the industry align with an already impressive team in our global securities lending business. Together, they will play a crucial role in advancing the Penson strategy.”

“Jones has unparalleled experience and expertise in this space,” says Alan Philpot, managing director and CEO, PFSL. “I am delighted to welcome him to our team and am excited about the opportunities that this role will bring.”

L.D.

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