US – Boston based global securities lending manager, eSecLending, has promoted chief operating officer Susan Peters to chief executive officer.

Peters has been with eSecLending, a subsidiary of London based financial services firm, Old Mutual, since last March. She joined from Credit Suisse First Boston, where she was director of credit.

Christopher Jaynes, current senior vice president of client services, will replace Peters as COO. Jaynes has been with eSecLending since it was established two years ago. Prior to that, he was with UAM Global Securities Lending, out of which eSecLending evolved.

eSecLending provides customised multiple manager securities lending programmes worldwide for institutional investors, large public funds and mutual fund families.