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Lending Club appoints two senior vice presidents

Lending ClubLending Club, an online marketplace connecting borrowers and investors, announced the appointment of Valerie Kay as senior vice president, head of institutional investors.

Ms. Kay spent 20 years at Morgan Stanley, including 12 years as a Managing Director, where she held several leadership roles within Global Capital Markets including Deputy Head of Asset Finance, Head of Structured Asset Monetization and Head of Mortgage Finance.

Ms. Kay was most recently part of the Institutional Securities Group.

The company appoints Raman Suri as senior vice president, head of retail investors.

Mr. Suri has held a variety of senior roles at BlackRock iShares and its predecessor, Barclays Global Investors (BGI), including Head of RIA and Institutional Segments and Head of Product for US iShares.

He brings more than 15 years of experience in investment management, product and business development to Lending Club.

At BlackRock, Mr. Suri was responsible for expanding the iShares product line to over 200 products across asset classes leading to a democratizing of investment choices for retail investors.

At Barclays, Mr. Suri developed a sales channel that became one of the biggest ETF users. He most recently served as Managing Director, Head of Insurance ETFs at BlackRock, overseeing the entry of iShares into the insurance market.


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