ALFI & ISLA Joint Afternoon Briefing

Stefan is responsible for Securities Lending clients in EMEA and APAC within BlackRock’s Trading & Liquidity Strategies Group. This includes all securities lending client relationships across Retail, ETF and Institutional clients as well as regulatory engagement. Mr. Kaiser’s service with the firm dates back to 2005, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Prior to joining BGI, Mr. Kaiser worked for Commerzbank in a variety of positions, including Mergers & Acquisitions, Corporate Banking, Investor Relations and Asset Management in London, Shanghai, Frankfurt and Singapore. Mr. Kaiser represents BlackRock on the board of the International Securities Lending Association (ISLA). He earned a BA degree in finance from University of Cooperative Education Mosbach and an MSc in business management and economics from University of Trier.