Approximately 200 people worldwide dedicated to Securities Lending
George B. Trapp, Series 7 and 63 licenses
George Trapp is a senior vice president and head of securities lending client relations at The Northern Trust Company, Chicago. George acts as the manager for the securities lending client sales and servicing team for Northern Trust's securities lending business in North America. He is responsible for ensuring that securities lending clients receive quality and coordinated services from our operations, trading and investment areas.
George participates in the global securities lending management team and various committees around the bank including the securities lending collateral committee, security watchlist group, corporate and institutional services management group, America's business oversight committee and corporate and institutional services fee review committee.
George has over 23 years of experience in the securities lending industry at Northern Trust. During his career George has held positions in trading, product development, client servicing and management for the securities lending group. Additionally George has worked in the Chicago, London and Hong Kong offices. Prior to his client relations responsibilities in Chicago, George was regional manager for the Asia Pacific securities lending business. Based in Hong Kong, George's responsibilities included addressing and evaluating securities lending initiatives for lenders and borrowers where Northern Trust as as an agent lender in the Asia Pacific region.
George received a B.A. degree in economics from Denison University, Ohio and an M.B.A. degree with concentrations in marketing, finance, and management strategy from J. L. Kellogg Graduate School of Management at Northwestern University. He holds NASD Series 7 & 63 Securities Licenses.
George is a Board member of the Trustees of the Frank J.R. Mitchell Scroll Endowment Fund.