Brown Brothers Harriman (BBH) has reorganized its securities lending business
Keith Haberlin, currently head of Securities Lending, Europe, Middle East and Africa (EMEA), is relocating to Boston from London to co-manage the securities lending product globally with Elizabeth Seidel. Both will report to Chris Donovan, global head of Securities Lending.
Haberlin has been with the firm for nine years, the last five of which have been in leadership positions within securities lending. Lees has been with BBH securities lending for ten years, the past three in Asia where he oversaw the launch of the securities lending trading desk in Hong Kong.
Robert Lees is relocating from Hong Kong to London where he will assume responsibility for trading in Europe and Asia, reporting to Mark Payson, global head of Trading. Zubair Nizami has joined BBH to head the Asia trading desk in Hong Kong, reporting to Lees. Nizami comes to BBH from Robeco Hong Kong Limited, where he was responsible for securities lending trading for Asia.
Neil Hiralall has assumed responsibility for Regulatory Strategy along with his existing risk management responsibilities. Hiralall has been with BBH for five years all within securities lending.
BBH said the reorganization is intended to meet the continued growth of its intrinsic value-lending program, through which BBH structures customized, risk-controlled securities lending solutions.
(JDC)