Jamie M. Ball, capital markets and managing director at ABN AMRO Mellon Global Securities Services, will end her 15-year career at the company, effective Jan. 31, 2006.
With an Master’s in economics from the University of London and a BA from Smith College, Ball launched her career via the traditional banking route with a management training programme at Crocker National Bank. In the early 1980s she worked with Marine Midland Bank, during which time the company was acquired by HSBC Banking Corporation and Ball gained a succession of rapid promotions, rising to the post of Executive Director of Capital Markets.
Appointed General Manager and Managing Director of the London branch of First Bank Systems Capital Markets Limited in 1989, Ball was responsible for 22 staff and a business that focused on lending and credit administration, treasury and trade finance operation.
Ball’s 15-year career in Mellon began in 1991, running the Treasury and Foreign Exchange. In 1992 she assumed full responsibility for all offshore International Securities Lending – today a US$ 305 billion business – and incorporated the additional International Lending when the merger took place with Boston Safe Deposit and Trust Company in 1994.
Managing all non-US securities lending for both Fixed Income and Equities, Ball’s tenure at Mellon led to her being appointed in 2003 as Managing Director and Head of Capital Markets for ABN AMRO Mellon. Her successes include a 30% year-on-year growth rate; the launch with Mellon Bank in 2001 of I-Bid, the industry’s first proprietary internet-based auction tool used in the lending market; and the oversight of all Treasury and cash investment for over $510 billion of client assets in custody.
“I have spent 25 years in education, and 25 years in a great career, so I am now looking forward to the next 25 – and more, I hope! – to thoroughly enjoy all of my other interests,” said Ball. “I also want to say how much I have enjoyed working with the very best in the securities lending industry.”