The Loan Syndications and Trading Association (LSTA) has appointed Bram Smith as executive director of the organization, it announced today.

Smith, a 30-year loan market veteran, has served as interim executive director since September, 2008. Prior to joining the organization, he managed the loan capital markets and sales group at Bear Stearns. He previously set up and managed the global loan business at Morgan Stanley, starting with the firm in 1996 after an 18-year career at Bankers Trust, where his responsibilities included managing loan syndications, sales and trading.

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