Rob Ferguson, vice president, product and client service, global securities lending, and Robert Chiuch, vice president, head of trading, global securities lending, will share cross-functional responsibilities for CIBC Mellon’s global securities lending division, the company said Wednesday.

Ferguson and Chiuch will report to Tom Monahan, CIBC Mellon’s president and chief executive officer.

Ferguson has 20 years of experience in securities lending. He joined CIBC Mellon at the company’s inception in 1996, coming from a securities lending software vendor. He was promoted to assistant vice president, product and technology in 2001 and took on his current role as vice president, product and client service in 2004. He has a degree in economics from York University.

Chiuch has 22 years of financial industry experience, including 21 years in securities lending.He joined CIBC Mellon at the company’s formation in 1996, holding progressive roles within the securities lending group. His previous work experience includes positions with CIBC and National Bank Financial. Chiuch is president and co-founder of the Canadian Securities Lending Association (CASLA) and sits on the Board of Directors for The Duke of Edinburgh’s Awards (Ontario). He has an MBA from the University of Western Ontario’s Richard Ivey School of Business

“We are very pleased to be able to appoint two such high calibre individuals from within CIBC Mellon’s global securities lending team,” said Thomas Monahan, president and chief executive officer. “Rob and Robert have long demonstrated the leadership necessary to continue to grow this important area of our business.”

CIBC Mellon is 50-50 jointly owned by CIBC and BNY Mellon. CIBC Mellon Global Securities Services Company is a provider of financial services for institutions and corporations, providing superior asset servicing, multicurrency accounting, information delivery, securities lending and foreign exchange services in Canada.

IE