State Street has filled the newly created role of fixed income lending trader with an internal appointment who will join the Sydney-based securities finance team.
In a statement, State Street Corporation announced Robin Kidman had been chosen to fill the newly created role.
Mr Kidman has already spent 15 years of his career at State Street, where he was responsible for “managing the lending of government and corporate fixed income to repo and financing markets” in Europe, the Middle East and Africa, the statement said.
Before joining State Street, he was a fixed income analyst at Thomson Reuters. Based in London, he relocated to Sydney in May.
In the new position, Mr Kidman will work on furthering State Street’s fixed income securities finance program in the Asia-Pacific region as well as client support.
Commenting on the appointment, State Street head of securities finance for Asia Pacific Jansen Chua said: “We continue to see increased demand for high-quality liquid assets, and strong growth in the balance of fixed income securities on loan in the Asia Pacific region.
“Robin has extensive knowledge of the fixed income and financing markets, and his expertise and experience will be of great benefit for our securities finance clients in the region.”