Appointment expands Fannin’s leadership role as Global Head of Securities Finance
Northern Trust, announced Dane Fannin will lead its growing Global Foreign Exchange business, expanding his Securities Finance role.
As global head of Global Foreign Exchange (GFX) and Securities Finance, Fannin, who joined Northern Trust in 2006, will be responsible for the continued technology innovation and business growth across the suite of GFX and Securities Finance solutions. He reports to Guy Gibson, executive vice president and global head of Capital Markets, Banking & Treasury Services.
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Gibson said: “We are excited to announce this expansion in Dane’s responsibilities which reflect his strong vision and leadership in the development of our integrated capabilities across our global Securities Finance business. Dane’s dual focus will support our clients as they increasingly look for holistic solutions across their FX and Securities Finance needs to meet their liquidity and portfolio optimisation objectives.”
Dane started his career with Northern Trust in London in 2006 within Securities Lending. He subsequently spent 12 years in Asia-Pacific holding a number of positions within Northern Trust’s Capital Markets business, including managing the APAC Securities Lending trading team in Hong Kong. Prior to assuming his role as global head of Securities Finance, Dane was head of Capital Markets Asia-Pacific.
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Northern Trust’s Securities Finance offers a suite of integrated capabilities across Securities Lending & Borrowing, Financing & Liquidity and Collateral Solutions allowing clients to drive greater portfolio optimization.
GFX provides a range of liquidity, trading, transaction processing and outsourced FX solutions for institutional investors across Direct FX, eFX, Currency Management, CompleteFX® and Custody FX.
Securities Finance and GFX are part of Northern Trust Capital Markets which serves the evolving needs of institutional asset managers and asset owners around the globe through flexible, customized solutions across the investment lifecycle. It is a division of Northern Trust Asset Servicing.
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