Securities Lending Locations

Sunil Daswani is a Vice President at The Northern Trust Company's London Office. He is the Director and Regional Manager for Securities Lending (Asia), at Northern Trust Global Investments. His primary responsibility revolves around addressing and evaluating securities lending initiatives for lenders and borrowers where Northern Trust acts as an agent lender. Mr. Daswani additionally focuses on building the supply of Asian assets for Northern Trust's global securities lending program, ensuring that the due diligence is carried out when lending its clients assets in each jurisdiction.

Further, he is responsible for maintaining updated market information and knowledge through relationships with regional contacts that may influence or shape the markets in which Northern Trust lends securities.

He has twelve years of experience in the securities industry, of which the last four have been at Northern Trust. He previously spent seven years at Citigroup as a Global Custody product manager developing many products, including their web-based automated custody FX product, cash pooling products, and implementing a treasury middle office unit. Prior to this position, he spent some time in the treasury operations area at UBS.

In May 2005, Mr. Daswani accepted the position of Chairman for the Pan Asian Securities Lending Association (PASLA) for one year. He was re-elected in 2006 for a further year. In this role he ensures that the fellow members are kept updated on key industry events, coordinating as an industry, where necessary, responses to various international regulatory bodies on topical issues, discussion papers and general market issues.

Mr. Daswani has a B.Sc. (Economics) with Honours from the London School of Economics, University of London, where he majored in Accounting & Finance.