William Foley was named director of securities lending sales at RBC Dexia Investor Services, effective Sept. 6, confirmed spokesman Raphael Mazet.
The position is new.
Mr. Foley will report to Blair McPherson, head of technical sales, market products and services and will oversee the expansion of RBC Dexia’s third-party agency lending business, or lending securities that aren’t under RBC Dexia’s custody.
Mr. Foley was a senior sales executive for agency securities lending at J.P. Morgan Worldwide Securities Services, according to an RBC Dexia news release. J.P. Morgan spokeswoman Juliana Wheeler could not be reached by press time for additional information.