Northern Trust announced a series of appointments within its global capital markets business amid rising demand for its lending and transition management services.

Sunil Daswanihas been appointed to the newly created role as head of international securities lending across Europe, Middle East Africa (EMEA) and Asia-Pacific (APAC). Daswani joined Northern Trust in 2002 and has held a number of roles based in London and Hong Kong, most recently as head of client service and sales for Northern Trust's Capital Markets group in EMEA and APAC.

In addition to his new responsibilities, Daswani maintains oversight of Northern Trust's transition management sales and relationship management teams across EMEA and APAC.

"We are pleased to appoint Sunil to oversee the expansion of our business offering across EMEA & APAC," said Andy Clayton, global head of securities lending. "By combining responsibility for our transition management and securities lending businesses under his leadership we are well placed to continue to support our clients' needs as they evolve and extend across both aspects of our global Capital Markets business."

Reporting to Daswani are Dane Fannin based in Hong Kong and Mark Snowdonbased in Singapore. They assume the newly created roles of head of securities lending, APAC and head of Northern Trust's capital markets client servicing team in APAC, respectively.

Fannin maintains his existing responsibilities as head of the APAC trading desk in addition to his new role as head of securities lending for the region.

Snowdonwill be responsible for leading Northern Trust's growing team of dedicated team of client service representatives and ensuring the highest levels of service and expertise across Northern Trust's sophisticated institutional investor client base throughout the region. Prior to his appointment, Snowdon was a senior sales and relationship manager in Northern Trust's London office.