Northern Trust has increased its securities lending team in London with the appointment of Mark Snowdon as senior sales and relationship manager and Mark Jones as a product manager. Both Snowdon and Jones previously worked for J.P. Morgan.
In the newly created position of senior sales and relationship manager, Snowdon will expand and develop Northern Trusts securities lending client relationships across the Europe, Middle East and Africa (EMEA) region. Snowdon joined Northern Trust from J.P. Morgan where he was head of business growth EMEA global custody.
As securities lending product manager, Jones will be responsible for developing products and solutions. Jones joins from J.P. Morgan where he performed a similar role.
“We are seeing renewed interest in securities lending among many of our clients, said Andy Clayton, global head of securities lending at Northern Trust. Clients are attracted to our conservative approach to risk management and consequently we have expanded our London based team with these two new appointments. The experience they bring to these roles will ensure we continue to deliver first-class services to our clients as our global securities lending business continues to grow.