Mark Tidy has left his role of managing director and head of EMEA securities lending sales at JPMorgan, Global Investor/ISF has learned from multiple sources.
Tidy had been in the role since July 2011.
He reported to Ann Doherty, co-head of EMEA investor services sales. When he took the role he initially reported to Stuart Thompson, then EMEA head of securities lending client management & sales.
Tidy has built a career in securities lending sales across several leading firms in the business.
Before joining JPMorgan Tidy was the managing director and head of international business development for securities lending at BNY Mellon for three years. Before that he held roles at ABN AMRO Mellon GSS, JPMorgan, Deutsche Bank and Nomura.
The move is the second major change this year for JPMorgan’s securities lending business. Claire Davis was hired as vice president, securities lending product manager in January.
JPMorgan was a winner of the Global Investor/ISF Beneficial Owners survey 2017. It secured the highest global average score when weighted for beneficial owners’ lendable portfolios and the relative importance beneficial owners attached to service categories. It also won the same award in 2016.
He currently remains employed by the company but not in his former role.
JPMorgan was contacted but declined to comment.
Mark Tidy was contacted but Global Investor/ISF received no response.