Sunil Daswani is a Senior Vice President. Sunil is responsible for all Northern Trusts global clients (excluding US and Canada) who participate in Securities lending. He also leads the sales efforts for any new clients interested in Northern Trust’s Securities Lending capabilities and may be interested in participating in our lending programme. Sunil previously acted as Director and Regional Manager for Securities Lending, Asia for Northern Trust Global Investments based in Hong Kong. There he was responsible for addressing and evaluating securities lending initiatives for lenders and borrowers where Northern Trust acted as an agent lender. Sunil additionally focused on building the supply of Asian assets for Northern Trust global securities lending program ensuring that the due diligence was carried out when lending its clients assets in each jurisdiction.

Sunil has 12 years of experience in the securities industry. He previously worked at Citigroup as a Global Custody product manager, developing many products such as their web based automated custody FX product, cash pooling products and implementing a treasury middle office unit. Prior to this position, Sunil spent some time in the treasury operations area at UBS.

In May 2005, Daswani accepted the position of Chairman for the Pan Asian Securities Lending Association (PASLA) for one year. Sunil was re-elected in 2006 for a further year. In this role Sunil 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 that feedback may be required or further clarification is sought.

Sunil has a BSc (Economics) with Honours from the London School of Economics, University of London, where he majored in Accounting & Finance.