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Treasury & Capital Markets / On The Move
DTCC names four to board
Brian Gallagher, Christopher Gelvin, Jon Herrick, Igor Modlin bring extensive leadership
The Asset 21 Jun 2024

Post-trade services provider DTCC, has appointed four new members to its board of directors – Brian Gallagher of JPMorgan Chase, Christopher Gelvin of UBS, Jon Herrick of the New York Stock Exchange and Igor Modlin of Goldman Sachs.

The board plays a critical role in setting the company’s strategic direction by working closely with the firm’s leadership and advising on various topics, including risk management, regulatory matters, development of new products and services, and emerging fintech.

Brian Gallagher serves as the global head of markets operations at JPMorgan Chase. He leads a global team that is responsible for all aspects of operational support for the markets sales and trading businesses. Gallagher has worked at the bank for 23 years, holding various roles and leadership positions at the firm.

Christopher Gelvin serves as the group operations and technology office (GOTO) chief operating officer at UBS. Gelvin is responsible for strategic planning and operating management for GOTO, data governance and the technology investment portfolio across the firm. He has been with the bank for nearly 20 years, holding several leadership roles in operations and technology.

Jon Herrick serves as the chief product officer at the New York Stock Exchange, where he is responsible for product development and innovation across all areas of the exchange’s business. In his role, he oversees the exchange’s transactions and market data businesses, driving competitive strategy and distribution. Previously, Herrick served as the head of markets at the exchange, overseeing its equities and options businesses.

Igor Modlin serves as the global head of prime services product development at Goldman Sachs, where he is responsible for prime services’ front-to-back efforts. He is also a member of the US client assets steering committee. Modlin joined Goldman Sachs in 2005 and was named managing director in 2010 and partner in 2018.

“[The new board members] bring extensive leadership skills, deep subject matter expertise and diverse experiences in financial services to the board at a time when the industry is looking to DTCC for enhanced support,” says Kevin Kessinger, non-executive chairman of company’s board of directors. “As our company takes on a larger role leading change through innovation, we look forward to their guidance, insights and contributions.”

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