Deutsche Bank has named Elizabeth Nolan as its head of custody and clearing, effective January 2015. She joins from J.P. Morgan where over the past 12 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 J.P. Morgan's clearance and collateral and ADR businesses. Prior to re-joining J.P. Morgan, Nolan spent over 20 years, primarily in senior securities services roles at Merrill Lynch, BNP Paribas, J.P. Morgan, Chase Manhattan Bank and Barclays Bank.

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.