PASLA welcomes McCardle to board of directors
05 February Hong Kong
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The Pan Asia Securities Lending Association (PASLA) has appointed Andrew McCardle, head of EquiLend, to its board of directors.
As the first non-bank to join the board, McCardle鈥檚 appointment comes at a pivotal time in PASLA鈥檚 governance evolution.
Over the past year, the association has streamlined its board from 16 to 12 directors, introduced advisory roles, and integrated its first Solutions Provider membership sleeve into the board construct.
These changes reflect the rapid expansion of PASLA鈥檚 membership, up more than 30 per cent year-over-year, and the association鈥檚 commitment to ensuring broader and more diverse representation at the board level.
With EquiLend becoming the first Solutions Provider to hold a board seat, PASLA reinforces its dedication to incorporating perspectives from across the full spectrum of the regional securities finance ecosystem.
McCardle鈥檚 transition to a full voting director brings technology鈥慸riven insight and infrastructure expertise 鈥� critical elements of the market鈥檚 ongoing development.
Having spent almost 20 years with the firm, McCardle leads the EquiLend Asia office out of Hong Kong and is responsible for the APAC region.
His appointment further strengthens the board鈥檚 ability to foster rich dialogue and informed debate, supported by deep franchise experience and a wide range of institutional viewpoints.
McCardle comments: 鈥淚鈥檓 honoured to join the PASLA board and represent EquiLend at a time when the region鈥檚 securities finance markets are evolving quickly.
鈥淚鈥檓 looking forward to working with PASLA鈥檚 members to support a healthy, well-functioning market and help advance best practices across Asia Pacific.鈥�
As the first non-bank to join the board, McCardle鈥檚 appointment comes at a pivotal time in PASLA鈥檚 governance evolution.
Over the past year, the association has streamlined its board from 16 to 12 directors, introduced advisory roles, and integrated its first Solutions Provider membership sleeve into the board construct.
These changes reflect the rapid expansion of PASLA鈥檚 membership, up more than 30 per cent year-over-year, and the association鈥檚 commitment to ensuring broader and more diverse representation at the board level.
With EquiLend becoming the first Solutions Provider to hold a board seat, PASLA reinforces its dedication to incorporating perspectives from across the full spectrum of the regional securities finance ecosystem.
McCardle鈥檚 transition to a full voting director brings technology鈥慸riven insight and infrastructure expertise 鈥� critical elements of the market鈥檚 ongoing development.
Having spent almost 20 years with the firm, McCardle leads the EquiLend Asia office out of Hong Kong and is responsible for the APAC region.
His appointment further strengthens the board鈥檚 ability to foster rich dialogue and informed debate, supported by deep franchise experience and a wide range of institutional viewpoints.
McCardle comments: 鈥淚鈥檓 honoured to join the PASLA board and represent EquiLend at a time when the region鈥檚 securities finance markets are evolving quickly.
鈥淚鈥檓 looking forward to working with PASLA鈥檚 members to support a healthy, well-functioning market and help advance best practices across Asia Pacific.鈥�
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