Sharon Biran, Managing Director, Chief Client Officer, will assume oversight of DTCC Data Services and maintain responsibility for growing DTCC Consulting Services. Biran will also continue to lead DTCC’s Sales, Relationship Management, Marketing & Communications and Partners functions. In addition, DTCC has announced that Michele Hillery, Managing Director, will lead Global Trade Repository and Trade Information Warehouse, and Val Wotton, Managing Director, will assume expanded responsibility for NSCC Equity Clearing and DTC Settlement while continuing in his role as head of ITP.
Lance Vegna has joined Northern Trust as Head of Portfolio Solutions, North America, reporting to Craig Blackburn, global head of portfolio solutions in banking and markets. Vegna has over three decades of experience in the global capital markets space, including 20 years working with US asset owners in the transition management segment. He joins Northern Trust from Cantor Fitzgerald where he served as Managing Director for over five years. He previously held roles at Macquarie Group and Credit Suisse.
Brown Advisory, an independent investment management and strategic advisory firm, has hired Sargent McGowan, as a partner and chief investment officer (CIO) for Endowments and Foundations. McGowan has over 25 years of experience across global public and private equity, asset allocation and portfolio and risk management. He previously served as a managing director and senior team member responsible for investing and managing the University of Virginia’s $14 billion endowment. He spent over a decade at University of Virginia Investment Management Company (UVIMCO).
Nasdaq Private Market (NPM), a provider of secondary liquidity solutions to private companies, employees, and investors, has promoted Rotem David, Parul Dubey, Sharif Khaleel, and Chris Setaro to new roles on its Executive Leadership Team. David has spent more than 10 years building out NPM’s portfolio of products which offers liquidity and data across various transaction and client types. Prior to NPM, he held lead engineering roles at SecondMarket and Nasdaq. Dubet was previously General Manager of the Capital Markets division, where she helped build the business from inception. Prior to NPM, MKhaleel was a Managing Director at Zanbato, where he specialized in executing institutionally sized blocks of private securities. Setaro was previously Global Chief Compliance Officer of SharesPost, and Chief Compliance Officer for its broker-dealer subsidiary SharesPost Financial Corporation.
Lazard has announced that Dan Schulman, Board Member, has been appointed Lead Independent Director to succeed Richard D. Parsons, who remains on the Board, and that Peter R. Orszag, Lazard CEO and Board Member, has been appointed Chairman of the Board, effective January 1, 2025. Kenneth M. Jacobs, Executive Chairman and Board Member, will become Senior Chairman of the Firm and Senior Advisor to the Board, and relinquish his board seat effective December 31, 2024. In his role as Senior Chairman.
remialab has appointed Diane Lansard as Head of Marketing. Based in London. She will lead the marketing strategy of an independent platform dedicated to quantitative strategies. Before joining PremiaLab, Lansard served a wide range of institutional clients in buy-and sell-side leadership roles at BNP Paribas, AXA, Bloomberg, and M&G Investments.
If you have a new job or promotion to report, let me know at alyudvig@marketsmedia.com
