16 Sep 2009, Katy Barnato, Credit
Richard Paddle is joining the financial information services company, Markit, as head of European structured finance, a newly created position.
Paddle will be based in London and report to Kevin Gould, president of Markit North America and head of structured finance.
Paddle has over 15 years of experience within the structured finance and fixed income markets, including asset-backed, residential mortgage-backed and commercial mortgage-backed securities. He joins Markit from Bank of Scotland’s treasury unit, where he worked for nearly six years as head of investment portfolio.
Prior to Bank of Scotland, Paddle was a senior credit analyst at Abbey National Treasury Services. He has also been a board member of the American Securitization Forum, and vice-chair of the European Securitisation Forum’s investor committee.