ISLA 23rd Annual Securities Finance and Collateral Management Conference 2014
 
Marcus Addison
Head of Default Management
Eurex Clearing AG

Marcus heads Eurex Clearing AG’s default management team and is responsible for dealing with a potential clearing member default from the CCP perspective including all hedging, trading and auctioning activities the CCP may have to execute. In addition his team is actively involved in regulatory topics, particularly the ongoing recovery and resolution discussion. Marcus also chairs the Emergency Committee at Deutsche Boerse, a permanently established board convened in times of crisis. Before joining Deutsche Boerse group in 2012 Marcus spent 13 years as equity derivatives prop trader heading desks active in Europe, the US and Asia. Marcus holds a degree in Business Administration from the University of Frankfurt, Germany.

 
Mark Barnard
Managing Director, Global Head of Equity Liquidity Management and EMEA Head of Equity Financing
The Royal Bank of Scotland

Mark Barnard spent 16 years at Morgan Stanley with the majority of his tenure managing and trading the Equity Finance Collateral Trading book. He left Morgan Stanley as an Executive Director and Global Head of Equity Collateral Trading in 2009. Mark joined The Royal Bank of Scotland in 2009 as Global Head of Equity Liquidity Management and in 2012 his management role was expanded to lead the EMEA Equity Finance desk.   In addition to his RBS responsibilities, Mark is actively involved in leading market wide responses on regulatory developments, notably Basel III's Leverage Capital Ratio, Net Stable Fund Ratio and Leverage Ratio.

 
Paul Barnes
Managing Director, Head of Short Term Markets
Santander Global Banking & Markets

Paul Barnes is Managing Director and Head of Short Term Markets at Santander UK and a member of the Santander Global Banking & Markets UK ExCo. Paul joined the group in August 1986 and has 27 years continuous service with experience in money markets, fixed income and foreign exchange. Externally Paul is Chairman of the Liquidity Managers Group where his remit is to represent the common interests of members on liquidity and collateral issues in the UK payments and securities settlement systems.

 
Chris Bates
Partner & Head of Financial Regulatory Practice
Clifford Chance

Chris Bates is a partner and head of Clifford Chance's financial regulatory practice in London. He advises banks, securities firms and other financial institutions on issues associated with the regulatory response to the financial crisis, the impact of the EU single market programme, financial services regulation and regulatory capital, as well as advising on securities and derivatives transactions and mergers and acquisitions in the financial sector.  He is a member of the Council and Executive Board of the International Regulatory Strategy Group advising the City of London Corporation and TheCityUK. Mr. Bates has served as a member of the European Commission's European Securities Markets Experts Group and is an active participant in other industry and official committees and working groups on regulatory issues, as well as advising a number of industry associations on regulatory matters.  Mr. Bates joined Clifford Chance in 1980 and from 1983 to 1988 was based in the firm's Hong Kong office. He is a Solicitor of the Supreme Court in England and holds degrees from Oxford University and Columbia Law School.

 
John Billige
EMEA Tax Director Global Markets, Europe, Africa, and the Middle East
State Street Bank & Trust Company

John Billige is State Street’s Global Markets tax director with regional responsibility for Europe, Africa, and the Middle East. Based in London, John is responsible for providing technical cross border tax advice and tax risk management/due diligence to the London based business units operating within State Street Bank & Trust Co London branch as well as GmbH London branch. John covers Securities Finance, Foreign Exchange Trading, Enhanced Custody, Brokerage, Portfolio Solutions, Transitions Management, Futures and Swaps clearing.
Before assuming his current role within State Street in November 2005, John was at Deutsche Bank where he worked within the Corporate Tax department providing tax risk analysis and technical cross border tax advice to the equity finance, prime brokerage, agency lending and custody businesses. Prior to Deutsche Bank, John held similar tax advisory positions at Citi, UBS and Baring Brothers. John is the current Chair of the ISLA sub-group tax.
 
Dougal Brech
Head of European Prime Brokerage
Credit Suisse

Dougal Brech is a Managing Director of Credit Suisse in the Investment Banking division, based in London. He is European Head of Prime Services, a member of the European Equities Management Committee (EEMC) and the Global Equities Operating Committee (GEOC). Prior to this role, Dougal has held a number of senior positions within the European department including Head of Client Service, Head of Coverage and Sales and Head of Capital Services. Dougal joined Credit Suisse in September 2007 from Morgan Stanley where he spent 13 years in various roles within its Prime Brokerage division. Dougal holds a B. Sc. (Hons) in Environmental Chemistry from the University of London.

 
Shane Brett
MBA, Founder of Global Perspectives, Author of "The Future of Hedge Funds" and "The AIFMD Cheat Sheet"
Global Perspectives

Shane Brett is a well known consultant, author and thought-leader specialising in hedge funds, asset management and the wider global economy. He is the founder of Global Perspectives (www.globalperspective.co.uk
) and is the author of the "The Future of Hedge Funds" (Dec 2012) and "The AIFMD Cheat Sheet" (August 2013).
Shane is on the Editorial Board of "All About Alpha" and is a Contributor Writer for "Seeking Alpha" and "Hedge Tracker". He has published dozens of articles in multiple industry publications including HFM Week, All About Alpha, CAIA, Opalesque, HedgeTracker, Q Finance, Canadian Hedge Watch & Hedge Fund Insight. Full links below. Shane has been interviewed extensively on global financial and economic developments on radio and television in Europe. He has a regular interview slot on "Dukascopy TV" (the Swiss Business Channel) and is an industry conference speaker.
 
Richard Casey
Managing Director, Head of Equity Liquidity Management, EMEA
The Royal Bank of Scotland

Richard joined RBS in 2008 and is responsible for managing the European Equity Liquidity Management platform. Richard joined RBS from Citigroup where he was a Director in their Prime Services division. Prior to Citigroup, Richard spent ten years at Deutsche Bank in a variety of collateral trading and liquidity management roles within Prime Services and Short Term Markets.

 

 
Ben Challice
Managing Director, Global Head of Equity Finance
Nomura

Ben Challice, a Managing Director, is responsible for Nomura’s global Equity Finance business. After starting his career in IT based in Hong Kong, he joined the international Equity Finance desk at Goldman Sachs London in 1999. In 2004 Ben left Goldman to join Lehman Brothers and ran the Institutional Financing Sales business within Capital Markets Prime Services, before joining Nomura following the integration of Lehman’s European and Asian operations in October 2008. He holds a BSc (Hons) in Information Technology with Management Studies from King's college University, London.

 
Ido De Geus
Head of Treasury & Client Portfolio Management
PGGM

Ido de Geus is Head of Treasury & Client Portfolio Management at PGGM. In this role he oversees the liquidity management, collateral management, secured financing and currency hedging for the pension fund clients of PGGM. He is also responsible for rebalancing the investment portfolio’s to their strategic weights. PGGM manages over € 140 billion in assets for five Dutch pension funds.  Ido studied Econometrics at the University of Groningen in the Netherlands. He started his career in 1995 at Rabobank International as Interest Rate Swap trader. In 2001 he moved to PGGM, the second largest pension fund in the Netherlands. In 2007 he became head of Treasury and Client Portfolio Management.

 
Godfried De Vidts
Director of European Affairs
ICAP

Godfried De Vidts was appointed Director of European Affairs for ICAP plc in 2006. He advises on European financial and political issues and leads ICAP’s relationship with the European Commission and Parliament. In addition, he maintains regular contact with all of the European Central Banks and Treasuries. He works closely with ICAP’s electronic and voice broking businesses on product development and other key issues across Europe. Godfried is a recognised authority in the development of the European financial services industry and holds the following positions: Member of the ECB Contact Group on Euro Securities Infrastructures (Cogesi); Chairman of the European Repo Council under the auspices of the International Capital Markets Association (www.icma-group.org); Member of EMSA Secondary Markets Standing Committee Consultative Working Group; Chairman of the Collateral Initiatives Co-ordination Forum (C.I.C.F.); Board member of the International Capital Markets Association; Board member of the European Capital Market Institute (ECMI); Previously member of the Giovannini working group, Cesame 1 & 2, MOG, EGMI Group of the European Commission, CESR consultative panel; Honorary President of ACI, the Financial Markets Association and of ACI Belgium.  Godfried has worked in the financial markets since 1972, including involvement in FRAs, futures, options, money markets, forward FX, Euronotes and commerical paper. In 1995 he played a key role in the early development of the international and triparty repo markets and in 1999 became product manager for the short end of the market, moving forward into netting and trading systems, emerging markets repo and equity triparty repo.  Prior to joining ICAP Godfried was in charge of global liquidity and collateral management at a major European bank.  Godfried is a regular speaker at conferences and frequently contributes articles related to the development of financial products and innovation in the financial markets.

 
Andrew Dyson
COO
ISLA

In March 2013, Andrew became the Chief Operating Officer of the International Securities Lending Association (ISLA).  Previously, Andrew held  the role of Director Specialist Sales and Head of Account Management, Europe, Middle East and Africa at Data Explorers, now Markit Securities Finance, where he was instrumental in the development of the group’s securities lending risk services as well as day to day responsibility for the groups business in Europe.
Andy joined Data Explorers from Prudential M&G, where he was Head of Business Development and Risk for Securities Lending with responsibility for sales, marketing and product development. He was also directly responsible for Risk and the management of the team’s discrete IT resources. All aspects of legal and compliance also fell within his area of responsibility. Prior to his appointment at M&G Prudential Andrew had worked at Deutsche Bank for ten years. During his time at Deutsche he held senior marketing and product development positions within the Agency Securities Lending Business and also spent four years as Repo Product Manager where he was instrumental in the development of the banks fixed income repo franchise including the deployment of front-office risk management tools. He was also was heavily involved in the deployment of e commerce solutions for both clients and counterparts. He joined Deutsche in 1992 from HSBC, where he had previously worked extensively in the commercial bank and corporate finance areas of the business.
 
David Field
Executive Director and Specialist in Clearing and Collateral Management
Rule Financial

David has 25 years’ consultancy experience in financial services and is Executive Director at Rule Financial. Since joining as Managing Director in 2004 he has helped grow Rule Financial to become a leading specialist in wholesale and investment banking, and has led a number of strategic multi-year change initiatives for investment banking clients. His recent work has focused on helping banks, clearing houses and the buyside to prepare for mandatory OTC clearing, with all its collateral management implications. Projects include: a collateral and liquidity management business strategy; target collateral operating model; ETD / OTC collateral optimisation; operating model design for un-cleared OTC exposure netting; collateral vendor system selections; and development of implementation roadmaps to enable enterprise collateral management.

 
Nicolas Firzli
Co-Founder & Director General
World Pensions Council

M. Nicolas J. Firzli is the cofounder and Director-General of the World Pensions Council (WPC), the international association of Chairmen and CIOs of public and private retirement schemes, social security institutions, sovereign wealth funds and labor & trustees organisations. He is a graduate of Canada’s McGill University (Statistics & Economics), an alumnus of the HEC School of Management (MBA) and the University of Paris Law School (J.D. Civil & Financial Law, summa cum laude) and conducted research at the University of Louvain (UCL) Doctoral School of Economics. Mr. Firzli is also the Co-Chair of the World Pensions & Investments Forum (WPI) hosted in Paris, the general coordinator of the Intl Asset Owners (IAO) Summit organised in collaboration with the Government of the Hong Kong Special Administrative Region (SAR) of the People's Republic of China and leading public and private stakeholders from across Asia, Australia, Europe and the Americas, and a frequent contributor to various media outlets and think-tanks, including Dow Jones Financial News, the Reuters newswire, Morningstar Europe, the Adam Smith Institute, the Milken Institute, Euromoney magazine, Plan Sponsor, the Journal of Indexes/ETF.com, CNBC.com, Le Parisien (France), Agência CMA (Brazil), Asia Insurance Review (Singapore), The National (Abu Dhabi/Dubai) and Al-Hayat (KSA) as well as national TV networks such as RTÉ and TRT.  Mr. Firzli has advised and worked with pension funds, governments (at both federal and state/municipal levels), supranational organisations, as well as investment banks and asset management companies in the past 15 years in more than 30 different jurisdictions.

 
Andrew Hauser
Head of Sterling Markets Division
Bank of England

As the head of the Bank of England’s Sterling Markets Division, Andrew leads the team responsible for implementing monetary policy (setting official interest rates, and operating ‘quantitative easing’ and the Funding for Lending Scheme), providing liquidity to the banking sector and gathering market intelligence on sterling market developments for the MPC and FPC. As part of this role, he chairs the Bank’s Money Market Liaison Group and its Securities Lending and Repo Committee, which bring together senior market participants and public authorities. Andrew joined the Bank the week after Black Wednesday in 1992, and has worked widely at senior levels across both its policy and operational areas. During the 1990s he oversaw the activities of many of the key Gilt Edged Market Makers and Stock Exchange Money Brokers. In the mid-2000s he spent two years in Washington DC as the UK’s Alternate Executive Director on the IMF’s Executive Board. He led the team responsible for producing the MPC’s quarterly Inflation Report from 2006-9, sitting in on the MPC’s monthly meetings as part of the Secretariat, and overseeing the Bank’s network of regional Agents. And most recently before his current role he was Private Secretary (Chief of Staff) to the Governor. Andrew is married with two sons, and lives in St Albans. He is also a Non-Executive Director and chair of the Audit and Risk Committee of the NHS Litigation Authority.

 
Richard Hochreutiner
Head Global Collateral & Director, Group Treasury
Swiss Reinsurance Company Ltd

Richard Hochreutiner heads Swiss Re's global collateral business. He has been with Swiss Re for 6 years in which time he has implemented a group-wide collateral trading and management platform that spans all product types. Prior to joining Swiss Re, Rich worked 10 years at UBS in various functions both in equities and fixed income collateral trading and management, lastly running the Zurich based securities lending. Rich joined UBS from CSFB, where he headed the Equity Finance Desk in Zurich. After completing the Zurich Business School and his Bachelors degree, Richard started his career as an Equities Sales/Trader at Bank Sarasin in Zurich.
 
Bill Hodgson
Owner
The OTC Space Limited

My career has included a wide variety of businesses including cash registers, children’s games, RADAR, oil drilling and for the past 20 years in the capital markets, especially OTC derivatives. In the capital markets I initially worked on developing software to process OTC derivatives at Merrill Lynch, in the days when paper trade tickets were still the norm. Subsequently I have worked with major banks to improve their OTC processing capabilities, including with Barclays Capital as Head of OTC (ISDA) Projects, LCH.Clearnet as Head of Product Development for the SwapClear service and at DTCC to design, build and deploy the Trade Information Warehouse for Credit Default Swaps. I originally qualified at Greenwich University in Computing, and am a contributor to three books on OTC products and capital markets and am the owner of The OTC Space Ltd.

 
Dr. Levin Holle
Director General, Financial Markets Policy Department
Federal Ministry of Finance, Berlin, Germany

Levin Holle is the Head of the Financial Markets Policy Department of Germany´s Federal Ministry of Finance. His responsibilities include the formulation of policies and strategies with respect to federal credit institutions (e.g. Kreditanstalt für Wiederaufbau), federal debt management, financial markets (banking, insurance, investment, stock markets and securities) as well as international financial markets policy. He is also responsible for the supervision of the Financial Market Stabilisation Authority and the Federal Financial Supervisory Authority. Prior to joining the German Finance Ministry Dr. Holle worked 15 years for the management consultancy Boston Consulting Group, his last position being Senior Partner and Managing Director of the Berlin office.

 
Gareth Hughes
Head of Financial Resource Management, Equities
Deutsche Bank

Gareth is responsible for the Financial Resource Management for Deutsche Bank’s Equity Business in Europe and Asia. This involves secured and unsecured funding, collateral and inventory optimisation  as well as balance sheet planning. He is a graduate of Manchester University, a member of the Institute of Chartered Accountants in England and Wales and a member of Association of Corporate Treasurers.  Prior to joining Deutsche Bank he was with Credit Suisse holding positions in both Equities and Treasury.    

 
Damian Imboden
Head of Treasury & FX
Swiss Life Asset Management

Damian Imboden is the Head of Treasury and FX at SwissLife since 2007. His p
rofessional experience in the financial sector since 1994 included: Various functions at UBS in the area of risk control and risk modelling, strategic planning, financial reporting till 2000. From 2001, he has been the Head of Treasury Management at Zurich Insurance for 3 years, followed by Head of Group Treasury at Winterthur Insurance till 2007. He is married with three children.
 
Claudio Jacob
Managing Director, Sales & Business Development
BM&FBovespa

Claudio Avanian Jacob is an economist. He graduated in Economics from Universidade Presbiteriana Mackenzie, and earned master’s and doctoral degrees from Pontifícia Universidade Católica de São Paulo and the Institute of Economics at the State University of Campinas (UNICAMP) respectively. He joined BM&FBOVESPA in 2000 and is currently Client and Business Development Officer. Previously he was Issuer Relations Coordinator and Investor Relations & Market Analysis Officer.

 
Andrew Jamieson
Managing Director, Head of EMEA Client Execution Sales / Broker-Dealer
iShares Capital Markets Group

Andrew Jamieson, Managing Director, Head of EMEA Client Execution Sales / Broker-Dealer Sales within iShares Capital Markets Group, is responsible for delivering market insights, execution services and product structure expertise to iShares clients and for managing the distribution channels with our partner banks. The Capital Markets Group also works with other BlackRock investment teams to maintain the liquidity, tax efficiency and performance standards for iShares ETFs. Andrew joined BlackRock in November 2012 from J.P. Morgan where he ran the Equity Finance business in EMEA from February 2008, upon the acquisition of the Bear Stearns Prime Brokerage business, where he held a similar role responsible for Securities Lending, Synthetic Products, Collateral & Inventory Management and Hedge Fund coverage. In his short time at Bear Stearns he was instrumental in developing the international capability of both Bear Stearns's Equity Finance & Prime Brokerage businesses. Previously Andrew was with Barclays Capital and played a leadership role in growing their securities lending & synthetics business over a 7 year period, specifically interfacing with the hedge fund community. Andrew joined Barclays from Connecticut based hedge fund, Paloma Partners, where he was head of structured products & financing. Prior to this he had roles within synthetic trading, securities lending & bond repo at both NatWest Markets & J.P. Morgan, where he started his investment banking career. In addition, between the years of 2010-2012, Andrew held the position of Chairman of the European Board of Equilend and was a board member of the International Securities Lending Association. Andrew holds a Bachelor of Engineering degree from the University of Edinburgh and joined the Equity Finance business after a spell in industry.

 
Andy Krangel
Director, EMEA Head of Securities Finance Product Management , Chairman of International Securities Lending Association (ISLA)
Citi


Andy has been employed by Citi for the past 25 years. During his career at Citi Andy has held various management positions in custody operations including agency lending operations, was a trader on the Citi agency lending desk and spent 5 years in Product Risk Management where he obtained Credit Officer status. Prior to Citi Andy was at RBS for 3 years. Since mid-2006 Andy has worked in Citi's Agency Lending/Securities Finance department. Andy is currently EMEA Head of Securities Finance Product Development. 
Andy is the current Chairman the International Securities lending Association board.

 
Jiri Krol
Deputy CEO, Head of Government and Regulatory Affairs
AIMA

Jiří started his career at the Czech securities market regulator. He then moved to the European Commission’s Internal Market Directorate-General, where he was responsible for the drafting and negotiation of the Markets in Financial Instruments Directive (MiFID) implementing measures. Previously, Jiří was appointed financial markets policy director in the Czech Ministry of Finance in 2007. In 2009, he led the Czech European Union Presidency’s work in the area of financial services. Jiří studied International Relations, Economics and Politics at Tufts University, London School of Economics and Sciences Po.

 
David Lewis
Senior Vice President, Astec Analytics
SunGard

An executive with 20 years’ experience in the securities lending industry, Mr. Lewis is responsible for business development across EMEA for SunGard’s Astec Analytics business unit. Prior to joining SunGard, Mr. Lewis was a vice president at Brown Brothers Harriman, responsible for securities lending business development in EMEA. Before that, he was an executive director and EMEA head of relationship management at JPMorgan. He was one of the original directors at DataExplorers and has also worked in securities lending system development at OM Technology and ABN Amro. 

 
Crispian Lord
Partner
PricewaterhouseCoopers LLP

Crispian is a Partner at PwC in the Capital Markets Practice leading the Securities & Derivatives business and specialising in the definition and delivery of new operating models as a result of business and regulatory change. Crispian has over 15 years of experience in Financial Services managing programme delivery of senior level and complex engagements across banks, brokers and infrastructure companies.  Crispian has a mix of public sector and private sector experience, including both central banking and financial regulation.   Prior to joining PwC he worked at Capco, FSA, KPMG and The Bank of England.
 
 
Michael Manna
Head of Fixed Income Financing and Money Market Distribution, EMEA
Barclays Capital

Michael Manna is Head of Fixed Income Financing and Money Market Distribution, EMEA, at Barclays, based in London. The team is responsible for Barclays short-term secured and unsecured funding flows, as well as providing specialist coverage to clients such as hedge funds, insurance companies, pension funds, asset managers and security lenders.  Michael joined Barclays in 2009 from BNP Paribas where he was a member of the Short-Term Interest Rate Sales team, covering repos, cash sales and short-term interest rate swaps. Previously, he spent six years at Empower Interactive, a telecoms software company responsible for sales and product marketing. Michael started his career at Bear Stearns in New York on the repo trading desk between 1994 and 2000, moving to the UK in 1996.  He holds a BSc in Business Administration.

 
Gregory Markouizos
Managing Director and Global Head of Fixed Income Finance
Citi

Greg Markouizos joined Citigroup in 1993 and has been Global Head of Fixed Income Finance since 2010. Greg is closely involved in collateral management and risk management issues across the spectrum, including asset-liability management, regulatory interface and oversight, liquidity policy and implementation and industry systemic issues. Greg has chaired Euroclear's Collateral User Group since its inception and sits on a number of industry committees dealing with regulatory, market development, infrastructure and risk issues. Greg is the holder of BEng and MSc degrees in Mechanical Engineering from Imperial College, London and an MBA from Cass Business School. Subsequently, while working as a trader at Citi’s European Government Bond desk, he also studied Financial Engineering at the London Business School.

 
Mathew McDermott
Managing Director, Fixed Income, Currency and Commodities
Goldman Sachs

Mathew co-manages the Global Liquidity Products (GLP) Product Development and Distribution group. The group is responsible for the origination and marketing of the firm’s funding products to clients. He serves as a member of the EMEA Asset and Liability Committee and participates in a number of other global funding and liability committees. Previously, Mathew worked in the European Special Situations Group in London, where he joined Goldman Sachs as a vice president in 2005. Mathew was named managing director in 2010. Prior to joining the firm, Mathew worked at Morgan Stanley in the Securitized Products Group, focusing on structuring, financing and risk management. Mathew has been a member of the Chartered Institute of Management Accountants since 1999 and has a BA (Hons) in Accounting and Finance.

 
Kevin McNulty
CEO
ISLA

Kevin McNulty is the Chief Executive of the International Securities Lending Association. He has worked in the securities lending industry for many years both in the UK  and the US. Prior to joining ISLA in August 2009, he worked for Barclays Global Investors where he ran the securities lending business in Europe and North America. Kevin is a past Chairman of the Association and a fellow of the Association of Chartered Certified Accountants.
 
Holger Neuhaus
Head of the Money Market and Liquidity Division, DG Market Operations
European Central Bank

 

Holger Neuhaus is Head of the European Central Bank’s (ECB’s) Money Market and Liquidity Division, DG Market Operations. His Division is responsible for carrying out monetary policy operations in euro and in foreign currencies. For this purpose, it develops and maintains swap and repo agreements for liquidity purposes with non-euro-area central banks. The Division estimates the liquidity needs of the euro area banking system and analyses the usage of the Eurosystem’s operations and standing facilities. The Money Market and Liquidity Division monitors, evaluates and integrates information and reports on developments and trends in domestic and international money markets. Holger Neuhaus also headed the Financial Market and Banking Statistics Section and was Counsellor to the ECB’s Executive Board. Before joining the ECB he worked for the Deutsche Bundesbank and a portfolio management company inter alia in the field of foreign reserve management and financial market research. Holger Neuhaus studied economics at the Universities of Essen and Toronto.

 
Tom O'Brien
Head of International Sales
Moscow Exchange

Tom O’Brien is an experienced professional in the area of international financial markets and International Relations. Tom currently leads the international sales effort of the Moscow Exchange for equities, derivatives, Fixed Income and FX and is responsible for attracting more interest from foreign investors in its markets as well as contributing to the development of the Moscow Exchange’s technology and product offerings. Prior to joining the Moscow Exchange Tom worked for both the London Stock Exchange and TMX Atrium (UK subsidiary of TMX) in a variety of roles including product management, sales and account management. Tom has in-depth knowledge of exchange trading systems and market structures as well as buy and sell side front office technology and business requirements. Tom started working in the City of London at Smith Brokers (now part of Merrill Lynch) as a junior trader in options before taking up a variety of positions in the back and middle offices of the organisation.

 
Ed Oliver
Senior Vice President, Product Development
eSecLending (Europe) Limited

Ed joined eSecLending in 2010 initially based in Boston as a Relationship Manager for eSecLending’s US mutual fund clients. Now back in London, Ed leads eSecLending’s Product Development efforts focused on new markets and collateral and liquidity solutions. Prior to eSecLending, Ed was the Global Head of Consulting at Data Explorers, specializing in providing securities financing advice. In this role, Ed assisted beneficial owners globally in evaluating securities lending programs, quantifying their risk and performance and providing training and education to market participants and regulators. Prior to Data Explorers, Ed held various positions at Northern Trust, Baring Asset Management and Lloyds Bank.

 
Tejash Patel
Managing Director & Co-Head of U.S. Securities Lending
Morgan Stanley

Tejash Patel is a Managing Director of Morgan Stanley and Co-Head of U.S. Securities Lending based in New York. Tejash joined the Firm in 2007 as the Japan Head of Securities Lending.  In 2010 he moved to London as Head of Securities Lending EMEA, and in February 2014 he was named Co-Head of U. S. Securities Lending and relocated to New York.  Prior to joining Morgan Stanley, Tejash was with Goldman Sachs in various Securities Lending trading roles in New York and Tokyo. Tejash earned a B.S. in Finance and a B.S. in Accounting from New York University’s Stern School of Business.

 
David Raccat
Head of Global Markets (FX, STIR, Securities Lending)
BNP Paribas Securities Services

David is a graduate from HEC Business School.  He
joined Paribas in 1996 in the product development team, covering tri-party collateral management, equity repo, and implementation of securities lending in new markets. He has been appointed Head of Paris Cash & Equity Financing Desk in 2001, and has taken in charge Global Treasury in 2005. David is Head of Global Markets since 2011, covering Forex (FX), Short-Term Interest Rates (STIR), Equity Lending and Agency Lending, with desks in Asia, Europe and US. He is a board member of ISLA.
 
Chris Redmond
Manager, Securities Settlement Supervision & Policy
Bank of England

Chris Redmond is a Manager in the Securities Settlement Supervision & Policy team at the Bank of England. He is the Bank lead on the “Central Securities Depositories Regulation” (CSDR), and the “Regulation on the Reporting and Transparency of Securities Financing Transactions and Rehypothecation.” He has also represented the Bank on collateral policy issues at the Global Committee for Financial Stability (CGFS), and the Committee on Payment and Settlement Systems (CPSS). Chris joined the Bank in April 2013. He previously worked for the European Commission for two years on post-trade policy, while on secondment from HM Treasury.

 
Bea Rodriguez
Managing Director & Portfolio Manager
BlackRock

Bea Rodriguez
, Managing Director and portfolio manager, is Chief Investment Officer for the Non-Dollar Cash team within BlackRock's Portfolio Management Group, and a member of the Global Cash Investment Oversight Committee. Ms Rodriguez is the lead sector specialist for all Euro and Sterling Cash Management products, including money market funds and short-term customised portfolios. Prior to joining BlackRock in 2009, Ms. Rodriguez was with Fidelity International Investments, most recently as a sterling high grade portfolio manager and rates specialist, and previously as a manager of institutional and retail sterling money market funds as well as short duration strategies. Ms. Rodriguez was also a portfolio manager at Deutsche Bank AG from 2000 to 2003 where she headed up the cash reinvestment process for the securities lending desk as well as overseeing the launch and investments of Deutsche Banks offshore UCITs money market funds. She began her career at J.P. Morgan Investment Management in 1994. Ms. Rodriguez earned a BSc degree in management sciences from the London School of Economics and Political Sciences in 1993.
 
Rudolf Siebel
Managing Director
BVI


Rudolf Siebel
is responsible for Legal, Statistics and Members Services, Events, Education and Logistics as well as IT at BVI, the German asset management and fund industry trade association. Rudolf Siebel represents the interests of the fund industry on the Technical Committee at the German Federal Financial Supervisory Authority (BaFin), and on the German SEPA Committee.  He is a Deputy Board Member on the European Fund and Asset Management Association EFAMA and heads up EFAMA’s Fund Processing Standardisation Group (FPSG). He is also Chair of the EFAMA / IMMFA Money Market Fund Steering Group. Rudolf Siebel is Vice Chair of the international securities standardisation association, Securities Market Practice Group (SMPG). He has been appointed a member of the Financial Stability Board (FSB) working group “Private Sector Preparatory Group”. This working group advises the supervisory officials on the Financial Stability Board on introducing and developing the Legal Entity Identifier (LEI). Previously, he was a Vice President - Senior Credit Officer with Moody´s Investors Service.

 
James Slater
Executive Vice President & Global Head of Securities Finance
BNY Mellon

James is Executive Vice President of BNY Mellon and Head of Securities Finance for Global Collateral Services, which includes Securities Lending. He also leads BNY Mellon’s Collateral Finance business. For Securities Lending, James holds responsibility for providing overall strategic direction and leveraging the program’s extensive world-wide network and robust product capabilities. James chairs the Securities Lending management group and, for more than 20 years, has held leadership positions with an emphasis on core Securities Lending disciplines, including Trading and Product Development. Most recently, James was head of BNY Mellon’s Global Securities Lending group and prior to that he served as Chief Operating Officer for Securities Lending with responsibility that included coordinating operations, interfacing on risk identification and compliance, improving best practices, enhancing operating efficiency, and directing trading and product strategy. Prior to joining BNY Mellon, James was Senior Vice President and Head of Capital Markets at CIBC Mellon, a joint venture between the Canadian Imperial Bank of Commerce and BNY Mellon. He provided overall leadership for the company’s Capital Markets business, which included Global Securities Lending, Treasury and Cash Management. James was also a member of the company’s Executive Management Committee and chaired the Asset/Liability Committee. Prior to his tenure with CIBC Mellon, he served with CIBC World Markets where he was a key contributor to the team that was responsible for the formation of CIBC Mellon. James earned a Masters in Business Administration at Queen’s University.

 
Michael Snapes
Senior Manager
PricewaterhouseCoopers LLP

Michael is a Senior Manager at PwC in the Financial Services Risk and Regulatory Practice. He is currently working with a range of clients to consider the strategic and compliance impacts of Basel 3/CRDIV, structural reforms and regulatory stress testing. Prior to joining PwC, Michael acquired 11 years of experience with the regulatory community, working at the Bank of England on the Secretariat of the Financial Policy Committee, on the Secretariat of the Independent Commission on Banking (Vickers) and for several years at the Financial Services Authority.
 
Andre Stern
Founding Partner
OxFORD Asset Management

Andre Stern is the Founding Partner of OxFORD Asset Management and has been developing mathematical models for use in financial markets since 1996. OxFORD Asset Management runs a systematic and quantitative arbitrage fund which uses equity market neutral strategies and futures based strategies to generate absolute returns. Dr. Stern has been active in the alternative investment sector since 1989. He holds select non-executive roles, and serves on the Mathematical, Physical and Life Sciences Advisory Board of the University of Oxford, and the MIT Sloan Finance Group Advisory Board.

 
Maud Timon
Senior Officer, Post-Trading
European Securities and Markets Authority (ESMA)

Since mid-2013, Maud Timon is Senior Officer for Post-Trading at the European Securities and Markets Authority (ESMA) where she is dealing with the implementation of the European Markets Infrastructure Regulation (EMIR). Before joining ESMA, Maud was a Financial Markets Infrastructure Expert at Banque de France. Prior to this, she pursued a career with LCH.Clearnet holding senior posts such as In-house Counsel and Product Development and Market Manager.

 
James Treseler
Managing Director
Societe Generale Corporate & Investment Banking

James Treseler has worked with SG CIB for 16 years in various roles surrounding the secured finance industry. Based in London, he has held his current role of Managing Director and Global Head of Cross Asset Secured Funding since 2012, managing teams comprised of traders, flow traders and sales in Hong Kong, Tokyo, Paris, London, New York and Montreal. Cross Asset Secured Financing is a specialist team found within SG CIB’s Capital Markets group which handles a wide range of financing, market access and investment optimization solutions focusing on various asset classes.  Prior to joining Societe Generale, James traded reinvestment products at State Street Bank Corporation.  James earned his undergraduate degree with majors in Economics and Finance from Franklin Pierce University and his Masters Degree in Finance from the Olin School of Management at Babson University. James, based in London, is an active member of the UK  Corporate Social Responsibility programme that supports deprived communities local to our offices through the sharing of employee knowledge and skills, donations and in-kind support.
 
Axel Van Nederveen
Treasurer
European Bank for Reconstruction and Development (EBRD)

Axel van Nederveen is Treasurer of the European Bank for Reconstruction and Development (EBRD) with overall responsibility for asset management of the treasury, liquidity management and funding operations of the Bank, as well as the overall market risks associated with the Bank’s lending operations.  
He joined the EBRD in May 1995 and fulfilled several roles within Treasury before becoming Treasurer in April 2004. Previously he held positions in government bond sales and trading at ABN AMRO in Amsterdam and Paribas in London.   Axel van Nederveen holds a Master’s degree in business administration from the University of Groningen, the Netherlands.
 
Jason Van Praagh
Partner
Northcross Capital

Jason Van Praagh is a partner at Northcross Capital and has over 20 years of experience in the global repo and money markets. Northcross Capital acts as investment advisor to the Anglesea Funding A-1/P-1 rated Commercial Paper Programme. Prior to Northcross Capital Jason was Managing Director, Global Head of Treasury Sales with Rabobank International. This role encompassed global sales responsibility for money markets, repo, securities lending, interest rate derivatives, foreign exchange swaps and precious metals. Previous to this Jason was the Head of Short-term Interest Rate Markets for Rabobank International – London branch. During his 7 years with the firm Jason also represented Rabobank on a variety of industry bodies. Before joining Rabobank Jason spent 4 years in the Money Market/Repo division of Deutsche Bank AG. This included postings in Singapore as Head of Money Market/Repo, Tokyo as Co-head of Repo and London as Repo dealer. Jason started his career at the Australia & New Zealand Banking Group in Melbourne, Australia.

 
Karl Von Buren
Global Head of Equity Finance & Delta One
HSBC

Karl joined HSBC in 1997 and is Global Head of Equity Finance & Delta One based in London. He has responsibility for HSBCs Equity Financing businesses in Hong Kong, Johannesburg, Madrid, Luxembourg, London, New York & Sao Paulo.
Prior to joining HSBC, Karl spent two years at Natwest Securities where he managed the European and Asian Equity Finance business. Karl also spent six years at Morgan Stanley where he was responsible for the European Stock Borrowing and Lending product.
 
Paul Wilson
Managing Director, Global Head of Agent Lending Product & Portfolio Advisory
J.P. Morgan, Investor Services

Paul Wilson is the global head of Agent Lending Product & Portfolio Advisory, where he has responsibility for management and development for the securities lending product, defining and managing the business and product strategy, driving and delivering the product development process to improve client satisfaction, reduce risk and improve operating leverage. Paul partners with other groups across Investor Services and J.P. Morgan to develop beneficial client solutions and approach in order to foster competitive advantage. Portfolio Advisory helps clients review and optimise the earnings and revenue potential from securities lending given their unique parameters; articulates how revenue has been generated, providing clients with benchmarking analysis data that demonstrates JPMorgan’s performance and articulate how market and macroeconomic influences impact the securities lending business and performance.  Paul has been with J.P. Morgan for 29 years. During this time he has held a variety of different positions within Investor Services including operations, sales, client management, client service, product development and product management, across a broad range of products including collateral management, futures & options clearing, securities clearance, foreign exchange and cash management.
 
Roy Zimmerhansl
Global Head of Securities Lending
HSBC Securities Services

In March 2013 Roy Zimmerhansl was appointed Global Head of Securities Lending at HSBC Securities Services (HSS) and is responsible for leading the agency lending activity for clients of the bank’s custody business.  Prior to this, Roy was an independent consultant, owner of FinTuition, the leading financial services training company, and product specialist at Trading Apps. With over 30 years in the securities industry, Roy has held senior securities finance and custody positions across a range of market leading organisations including custodian banks, proprietary trading firms, prime brokers, a multilateral trading facility, and a central depository.  Roy was appointed ISLA Vice-Chair in July 2013 and is a member of the Bank of England Securities Lending and Repo Committee.