eSecLending Expands Business Development and Client Servicing Teams May 2015
BOSTON, May 27, 2015 – eSecLending, a leading global financial services company, announced today that Erik Skulte and Nora Bowman have joined the firm as Vice President, US Business Development and Vice President, Client Relationship Management, respectively.
Erik Skulte will be responsible for the continued growth and expansion of the firm’s securities financing business. Skulte brings 20 years of industry experience, which includes work in securities lending, emerging markets, fixed income financing sales, liquidity management, and short duration sales. Prior to joining eSecLending, Skulte worked as Director of Short Duration Sales at Deutsche Bank and at Royal Bank of Scotland. Prior to that, Erik spent eight years at Lehman Brothers in roles of increased responsibility in the company’s US and international markets. Skulte holds a Master of Business Administration degree from Boston College and a Bachelor’s Degree in Economics from Union College.
Nora Bowman will serve as the primary point of contact for designated US based clients, managing service delivery and overseeing all elements of the client programs. Bowman was most recently Assistant Vice President, Relationship Management at State Street Corporation, where she managed relationships with the company’s mutual fund and pension fund clients in the securities lending division. Bowman holds a Master of Arts degree in Liberal Studies and a Bachelor’s Degree in Economics from Wesleyan University.
eSecLending’s Managing Director of Business Development, Peter Bassler, states “Erik will be a key member of eSecLending’s Business Development team. His breadth of industry experience will be invaluable as we expand the firm’s US client relationships and development of service capabilities.” eSecLending’s Managing Director of Client Relationship Management, Brooke Gillman states, “We are excited to have Nora join the firm. Her experience in the securities financing industry and management of client relationships will be an asset to the company and will further expand our team as we focus on providing the highest levels of service to our clients.”
For media inquiries please contact
Meaghan Cashman, vice president, marketing and communications,
eSecLending is an independently owned financial services company providing securities financing, collateral and liquidity services, and default management solutions to institutional investors, and clearing organizations worldwide.
eSecLending’s operating company (the company through which substantially all eSecLending transactions are contractually executed) is Securities Finance Trust Company (“SFTC”). SFTC is an independent trust company incorporated in the state of Vermont and subject to examination and regulation by the Vermont Department of Financial Regulation in accordance with the rules and regulations of the Office of the Comptroller of the Currency of the United States.
eSecLending is headquartered in Boston and has offices in London, England and Burlington, Vermont. The company was founded in 2000 and is currently owned by Parthenon Capital Partners, a private equity firm based in Boston and San Francisco.