Sunil Daswani has left his role as head of international securities lending at Northern Trust.
Daswani, who had been with Northern Trust since 2002, was head of international securities lending for Europe, the Middle East and Africa (EMEA), as well as Asia Pacific (APAC) from 2015.
Daswani was also PASLA Chairman from 2004 to 2008 and previously held positions at Citi and UBS.
It is understood that Mark Jones will replace Daswani as head of securities lending for EMEA, with Dane Fannin reportedly heading up securities lending for Asia Pacific.
George Trapp remains head of client relations for North America.
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