LONDON—The Depository Trust & Clearing Corporation has appointed Andrew Douglas to lead its public affairs efforts in Europe. Douglas will play a key role in representing DTCC’s public policy positions to officials of the European Union and its member states. He will also represent DTCC in dealings with regulators, central banks and industry associations.
Douglas will be responsible for communicating DTCC’s European policy agenda and for building upon existing relationships with key individuals and groups in the public policy-making process. In addition, Douglas will represent DTCC at relevant forums, advise senior management on pending legislation and policy issues and provide input to DTCC line business managers about European issues relevant to their products.
He will be based in London and will report locally to Diana Chan, CEO of EuroCCP, in her capacity as head of the DTCC London operating committee. He will report functionally to Larry Thompson, DTCC general counsel, in New York.
Douglas is joining DTCC from the Society for Worldwide Interbank Financial Telecommunication (SWIFT), where he most recently served as head of that Belgium-based cooperative’s securities research and development team. Prior to joining SWIFT in 1999, Douglas spent two years as head of the middle office and client service teams for fixed income and money market products at Deutsche Bank’s investment bank.