Ina Budh-Raja joined ISLA in December 2025 as Chief Executive Officer responsible for the development of ISLA’s growth strategy and overseeing its core activities to help build a more transparent, efficient, resilient and reputationally robust foundation for the market.

Prior to ISLA, Ina spent 7 years at BNY, across a number of roles including Global Head of Securities Finance Regulatory Strategy, Public Policy & Industry Affairs, where she was responsible for leading the business’ efforts to identify new opportunities in a changing regulatory environment. Prior to BNY, Ina held both commercial and legal roles across the industry over 20 years, including as managing counsel for securities finance at State Street and Deutsche Bank, covering the agency lending, principal lending, equity finance and money markets desks. Ina is a qualified lawyer with an active practicing certificate (Law Society of England & Wales) and is also a member of the Bank of England Money Markets and Securities Lending Committees and is Co-Chair of the Bank of England UK Money Markets Code Sub-Committee.

Ina was a Director on the ISLA Board from 2019-2022 and was subsequently appointed as Chair of the Board of ISLA from 2022-2025, during which time the organisation grew significantly, with Ina playing a considerable role in the establishment of ISLA’s affiliate, ISLA Americas. She also championed the launch of ISLA’s future talent initiative, ISLA Connects. As well as being ISLA’s first female Chair and CEO, Ina is co-lead of the London chapter of Women in Securities Finance.

Tom Chater-Duchesne leads the Secured Financing team within Treasury Investments at Revolut. Tasked with establishing the Group’s global financing investment portfolio, he oversees trade execution and the development of the firm’s collateral management infrastructure. Tom transitioned to the fintech space in 2023 after 10 years at UBS, where he built extensive expertise trading repo and securities financing products across the fixed income spectrum.

Scott is Head of Liquidity Management within Group Corporate Treasury at Lloyds Banking Group. The role is focused on managing the Group’s liquidity position, investing the HQLA portfolio as well as managing short-term funding & financing. He has worked across both Treasury & Financial Markets divisions during his career at Lloyds.

Howard Field is a Director and head of BNY’s international fixed income trading desk, trading all major bond asset classes. Howard has over 25 years’ experience in Securities Lending in trading, project work and operations with BNY, RBS and SG Warburg.

Sam has over twenty years’ experience working in financial markets, both as a portfolio manager, and for the last fifteen years as an economist and strategist on the sell-side. He heads up the Lloyds team producing and distributing high frequency content on macroeconomic and financial market drivers for the bank’s institutional and corporate client base.

Dom has 38 years Capital Markets experience with a strong reputation in Electronic Trading in the Fixed Income Markets. He started as a Corporate Bond trader and after 15 years of working in London, New York and Tokyo, he moved into Electronic Trading in 2001 as a key figure in the launch of MarketAxess in Europe.

Dom then held several senior Electronic Markets roles at Barclays, RBC and Deutsche Bank, working closely with trading venues, data vendors and regulators to deliver services to clients of the banks.

In 2020 Dom returned to London after 4 years with Bank of New York to set up an independent advisory firm that has helped Banks, Trading Venues and Fintech companies with their Digitalisation strategies. Dom joined the FCA in January 2024 with a focus on increasing the FCA’s proficiencies in FICC markets, supporting the development of market monitoring in these areas, as well as building further data and technology capabilities.

Carla has over 25 years of experience in the banking sector as a senior executive and non-executive director. Her roles have spanned investment banking and retail banking, both in the UK and internationally across a broad range of functional areas. She was appointed CEO for LBCM in February 2023, having previously served as an internal non-executive director on the LBCM Board. From 2015 to January 2023, Carla led LBG’s strategic work as Group Strategy, Corporate Development and Investor Relations Director. She was responsible for making recommendations on all areas of major strategic significance for LBG including M&A and fintech investments, and managing relationships with the wider investment community.

Prior to joining Lloyds, Carla spent 18 years as a top ranked Equity Analyst for European banks, working for Credit Suisse, JP Morgan and Deutsche Bank.

External appointments: Non-Executive Director and member of Nomination & Governance Committee of Novo Banco and Member of the Investment Committee, St. Edmund Hall, University of Oxford.