Aon has appointed Tom Daniels as practice lead for securities lending and asset management consulting within its custody advisory services group.
The securities segment of the financial risk-mitigation firm provides corporate finance advisory services, capital markets solutions and strategic advice, among other services.
In his new role, Daniels will report to Greg Korte, partner and business head of the custody advisory services team, based in Chicago.
He will be responsible for leading the further expansion of Aon's securities lending oversight practice, as well as working with a range of global asset owner and asset manager clients to advise and oversee their securities lending and finance programmes for revenue enhancement and risk mitigation opportunities.
Daniels previously served as director and senior principal, head of securities lending business development for the Americas at BNY Mellon, where he was responsible for directing US and Latin American institutional business development functions to asset owners and managers.
Before this, he held the position of first vice president, securities lending management, where he managed new business development processes in the US, including contract negotiations, revenue growth and onboarding opportunities.