Deutsche Bank today announced that Andrew Pettit has joined Agency Securities Lending (ASL) in the Americas. Pettit joins as a Platform Enhancement Specialist, focusing on product innovation against the backdrop of rapidly changing global markets and regulatory requirements. Based in New York, Pettit is a Director and reports to Anthony Toscano, Co-Head of ASL in the Americas.
“We are pleased that Andrew has joined the team as we continue to grow and invest in our agency securities lending program,” said Toscano. “Andrew’s deep and diverse experience in securities finance will further our ability to meet the sophisticated needs of our clients.”
Pettit has more than 15 years of securities financing experience. Before joining Deutsche Bank, Pettit was an Executive Director in Bank Resource Management Sales & Marketing at Morgan Stanley. Prior to that, he was Head of Business Development at Brown Brothers Harriman & Co.’s Global Securities Lending unit. Earlier, he served as a Director of Product and Business Development in Global Prime Finance at Deutsche Bank. Andrew received a BS in Economics from the Wharton School of the University of Pennsylvania.
Agency Securities Lending is part of Deutsche Bank’s Global Transaction Banking (GTB) business. ASL is a leading provider of securities finance capabilities, including non-custodial securities lending, portfolio financing and collateral management.