eSecLending, a full-service provider and administrator of customised securities lending programs, announced today that Peter Bassler has joined the firm as managing director of Business Development.
Bassler will be responsible for developing new business with eSecLending’s institutional investor target market throughout North America. Bassler joins eSecLending from Dresdner Kleinwort’s Agency Securities Lending business where he was the Director of Marketing and Client Management. Prior to Dresdner, Bassler held related business development positions at Allianz Global Investors and Deutsche Bank.
“We are very pleased to have Peter join the team and are confident that he will play a key role in our continued growth in the US and Canada. Peter’s knowledge and skills will help eSecLending to build on the momentum the firm has achieved following on a very strong list of new client wins in 2007 and thus far in 2008,” says Chris Jaynes, president, eSecLending.
“I am thrilled to join the eSecLending team. They have a strong advantage in the securities lending marketplace. Their approach, which focuses on best execution, program customisation, and extensive risk management, has proven to be highly successful for their global client base. I look forward to contributing to the continued growth of the business,” says Bassler.