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Pat Cestaro III
Co-Chief Executive Officer
Pat, who was named Co-Chief Executive Officer in February of 2012, joined Quadriserv in 2011 as Vice Chairman to lead Quadriserv’s business development and business interactions with the broker-dealer and prime brokerage communities.
Pat brings 30 years of experience in the securities lending industry, including two years as a Managing Director in the Prime Brokerage/Equity Finance Division of J.P. Morgan, and 28 years as the Senior Managing Director in charge of Global Securities Lending at Bear Stearns & Co. At Bear Stearns, Pat managed a global team responsible for all borrowing and lending of domestic and international corporate securities for the firm, the firm’s clients and correspondent customers.
Pat has previously served as president of the Securities Lending Division of SIFMA. Pat is a former chairman of the board of directors of EquiLend, LLC, a consortium founded by the largest participants in the financial services industry to optimize efficiency in the securities finance industry. In 2009, Pat was inducted into Global Custodian’s Securities Services Hall of Fame.
Pat holds a BA in Economics from Fordham University.