ISLA incorporates ISLA Americas and announces first Board Directors

The International Securities Lending Association (ISLA), a leading industry trade association representing the common interests of securities lending and financing market participants across EMEA, is pleased to announce that, following the recent Extraordinary General Meeting where ISLA members voted overwhelmingly in favour of resolutions to support the expansion of its activities in the United States, ISLA Americas, has been successfully incorporated on 10 May 2024. We thank all of our members for their support in helping us achieve this important milestone.

At this juncture, we are also pleased to announce the first appointed Directors of the newly formed ISLA Americas’ Board.

Chaired by Mark Whipple, Global Head of Securities Lending, Invesco, the Officers and Directors will work with the ISLA Americas’ senior management team to deliver the aims and objectives of the affiliate entity, whilst ensuring alignment with the wider Association’s overall strategy.

The current list of confirmed Directors includes:

  • Mark Whipple, Invesco
  • Ina Budh-Raja, BNY Mellon
  • Philip Winter, Citi
  • Anthony Toscano, MUFG
  • Jason Strofs, BlackRock
  • Christel Carroll, Goldman Sachs Agency Lending
  • Tom Poppey, Brown Brothers Harriman & Co.
  • Justin Aldridge, Fidelity Agency Lending
  • Tamela Merriweather, Northern Trust
  • George Rennick, JP Morgan Chase
  • Michael McAuley, BNY Mellon

Ina Budh-Raja, Chair of the ISLA EMEA Board, commented: “I would like to welcome Mark and the US Board Members to the broader ISLA universe and congratulate them on their appointment to the inaugural ISLA Americas Board of Directors. This period will shape the work of ISLA across both regions, and the strength of experience within the group will ensure that ISLA Americas’ strategy is progressive, and meets the demands of its membership, as well as the market more broadly. I am looking forward to working alongside the ISLA Americas Board, to help define one true advocacy voice across both EMEA and the US”.

Mark Whipple, Chair of the ISLA Americas Board, commented: “I am delighted to have been elected as the first Chairman and look forward to working with the new Board to form a solid foundation for ISLA Americas for the years to come. I would like to thank the ISLA EMEA Board for their collaboration and the wider ISLA membership, as well US market participants, for their support of our vision. As an initial priority, I am looking forward to hosting and welcoming new and familiar faces to the inaugural ISLA Americas conference in October”.

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