Omgeo has appointed Cornelia Dagdag as executive director for Sales and Solution Delivery in the Asia Pacific region.
Dagdag joins from the Philippine Securities Settlement Corporation (PSSC), the clearing and settlement entity for the Philippine currency and fixed income markets, where she was COO.
She will be responsible for providing senior leadership at Omgeo for the Asia Pacific, and for driving strategic initiatives that target investment managers, broker-dealers and banks located in the region. Nellie will also have oversight of the Omgeo Asia advisory boards, boards comprised of Omgeo clients that provide strategic guidance to the firm on evolving client and industry needs. Dagdag is based in Manila, Philippines, and reports to Tim Keady, managing director for Sales and Solution Delivery at Omgeo.
Before PSSC, Dagdag was CEO of the Philippine Central Depository (now known as the Philippine Depository & Trust Corporation), where she spearheaded the establishment of the depository.
Commenting on the appointment, Tim Keady said: Omgeos Asia-Pacific community has grown by nearly 50% in the past five years. Further expansion in the region continues to be a key priority and we remain focused on embedding Omgeo within local infrastructure through strategic partnerships with CCPs and CSDs. Nellies wealth of local knowledge and expertise, as well as her proven track record in the post-trade industry, will be invaluable to Omgeos growth in the region.
Dagdag said: The automation of post-trade processes continues to attract growing attention from both global and local buy and sell-side firms. It is an interesting time in the post-trade industry and I look forward to working with my colleagues to capitalize on the opportunities, and to respond to the requirements of Omgeos growing community in Asia-Pacific.
(JDC)