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People moves news

Economou retires as Chief Investment Officer at eSecLending


22 November 2024 US
Reporter: Daniel Tison

Generic business image for news article
Image: Peter_Economou/LinkedIn
Peter Economou is retiring from his post as chief investment officer at eSecLending, the firm has announced.

After spending more than 12 years with the independent third-party securities lending agent, he will depart eSecLending at the end of this year.

Before joining the firm, Economou was a financial advisor at Morgan Stanley and a senior leader at State Street.

He began his career in financial services in 1985, moving to securities lending in 1994.

In a farewell post, eSecLending expressed its gratitude for Economou鈥檚 years of service, saying: 鈥淗is leadership was crucial to the support of our clients and the continued success of building our business as an independent securities financing agent. With this new chapter for both Peter and our team at eSecLending, we are excited for what is to come.鈥

The company was founded in 2000 as an alternative to traditional custodial and other third-party pooled lending models from the perspective of a beneficial owner.
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