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  3. Hostin departs State Street
People moves news

Hostin departs State Street


25 March 2026 US
Reporter: Hansa Tote

Generic business image for news article
Image: LinkedIn
Patricia Hostin has departed State Street, having been with the firm for almost three years.

Based in New York, she held the position of global head of agency lending, where she was responsible for overseeing the entire business globally, while working collaboratively across key business and support functions to ensure State Street delivered its securities lending product.

Jarrod Polseno, global head of agency lending trading, will assume responsibilities for the position in the interim, bringing 21 years in the agency lending business and strong familiarity with the firm's clients, portfolios, and trading operations to the role.

Previously, Hostin held a 20-year tenure at BlackRock, where she was most recently managing director for the firm鈥檚 Financial Resource Management business.

Here, she worked to execute a global strategy for optimising capital and balance sheet consumption, with broker-dealer counterparties across repo financing, securities lending, prime brokerage financing, cash management, and trading.

While at BlackRock, Hostin also worked as managing director, head of NA Equity and FI 麻豆影视传媒, head of US Equity Financing Trading, and director of business strategy.

She was also a member of BlackRock鈥檚 Balance Sheet Steering Committee, BlackRock鈥檚 New York Leadership Team, and is a Risk Management Association (RMA) Committee representative.
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