Deutsche hires custody & clearing head

Deutsche Bank has hired Elizabeth Nolan as head of custody and clearing, effective January 2015. 

Nolan will be based in London, report to Rafael Moral, head of investor services, institutional cash and securities services, and be a member of the Investor Services Senior Management Forum.

“Liz’s deep and broad expertise in the securities services space will not only help grow our custody and clearing business, but also drive more collaboration and synergies across the entire Deutsche Bank franchise so that we can deliver more integrated solutions to our clients,” said Moral. 

Nolan joins from JPMorgan where over the past twelve years she has held various senior leadership roles across securities services, most recently heading client services and client onboarding globally for markets and investor services.

Before that, she was the global business executive alternative investment services and head of worldwide securities services Emea & Apac following senior roles in JPMorgan’s clearance and collateral and ADR businesses.

Nolan's appintment follows the launch of the investor services division within the institutional cash and securities services business of its global transaction banking division.

“Having Nolan join us is an important part of the success story of our investor services business and demonstrates our commitment to continuous investment," added Moral.