Exclusive: Ferguson steps down as CASLA president
18 November 2015 Toronto
Image: Shutterstock
Rob Ferguson has stepped down as president of the Canadian Securities Lending Association (CASLA).
Don D'Eramo, head of distribution and product development for securities finance at the Royal Bank of Canada (RBC), will take over the role.
Ferguson has chosen to retire as president because his primary role as senior vice president at CIBC Mellon has changed.
As well as his current responsibilities for capital markets, he has taken the helm of business development and relationship management throughout CIBC Mellon, following the retirement of David Linds.
Ferguson will remain the CASLA representative for CIBC Mellon but Phil Zywot, of BNY Mellon will take his place on the board, in addition to D鈥橢ramo taking over as president.
D鈥橢ramo replaces Arthur Kolodziejczyk, also of RBC, on the board.
In additional, Paul Larkin from CIBC World Markets replaces Nathalie Bockler, of Societe Generale, on the board and takes over from Don Lim as CIBC World Markets鈥檚 representative.
Ferguson said: 鈥淚 want to thank Arthur Kolodziejczyk, Nathalie Bockler and Don Lim for their service and to welcome Phil Zywot, Paul Larkin and Don D'Eramo to the board.鈥�
鈥淒on D'Eramo is an excellent choice for president and I believe he and CASLA will continue to represent the interests of the Canadian market participants.鈥�
Don D'Eramo, head of distribution and product development for securities finance at the Royal Bank of Canada (RBC), will take over the role.
Ferguson has chosen to retire as president because his primary role as senior vice president at CIBC Mellon has changed.
As well as his current responsibilities for capital markets, he has taken the helm of business development and relationship management throughout CIBC Mellon, following the retirement of David Linds.
Ferguson will remain the CASLA representative for CIBC Mellon but Phil Zywot, of BNY Mellon will take his place on the board, in addition to D鈥橢ramo taking over as president.
D鈥橢ramo replaces Arthur Kolodziejczyk, also of RBC, on the board.
In additional, Paul Larkin from CIBC World Markets replaces Nathalie Bockler, of Societe Generale, on the board and takes over from Don Lim as CIBC World Markets鈥檚 representative.
Ferguson said: 鈥淚 want to thank Arthur Kolodziejczyk, Nathalie Bockler and Don Lim for their service and to welcome Phil Zywot, Paul Larkin and Don D'Eramo to the board.鈥�
鈥淒on D'Eramo is an excellent choice for president and I believe he and CASLA will continue to represent the interests of the Canadian market participants.鈥�
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