April 1, 2024 - The Loan Syndications and Trading Association (“LSTA”), the trade association for the corporate loan market in the United States, today announced that Sean P. Griffin has been named Executive Director of the organization. Griffin succeeds Lee M. Shaiman, who served for six years.
Griffin joins the LSTA from J.P. Morgan Securities, where he was Managing Director responsible for the global primary CLO business, focusing on the origination, structuring, and distribution of CLO transactions for issuer-clients.
Griffin succeeds Lee M. Shaiman, 68, who will be retiring after he serves for a period as a senior advisor to the LSTA.
LSTA Board of Directors Co-Chairs David Lerner of Shenkman Capital and Alexander Stromberg of Barclays, said, “On behalf of the entire Board, we are delighted to welcome Sean Griffin aboard to lead the LSTA. He has deep experience in the corporate loan market and is passionate about the important role our market has in strengthening our nation’s economy.”
They added, “We also wish to extend our heartfelt thanks to Lee Shaiman for his outstanding leadership at the LSTA and helping to successfully guide the industry through many challenging issues during his tenure.”
Griffin, who commences his duties at the LSTA on April 1, said, “The LSTA is one of the most impactful trade associations in the financial sector, and I am privileged to take the helm. Our mission is essential to the industry – to promote and advocate for a fair, orderly, and growing corporate loan market that remains an engine for economic growth.”
Shaiman said, “It has been a professional honor for me to lead the LSTA for these past six years. The dedication and commitment of our Board and member committees to furthering our market deserves high praise and I can’t thank them enough and our outstanding staff for the excellent work they have all done.”
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