The Depository Trust & Clearing Corporation (DTCC) has hired Donna M. Milrod to become chief administrative officer (CAO), effective mid-October.
Prior to joining DTCC, Milrod was deputy CEO of Deutsche Bank North America. She has also served as head of Deutsche Banks Regional Oversight & Strategy group.
At DTCC, Milrod will be responsible for the companys finance, operations, regulatory relations, business continuity, vendor management and security functions. She will report to Michael Bodson, president and CEO, and serve on DTCCs management committee.
We are delighted that Donna is joining the DTCC leadership team, Bodson says. She is a proven leader with extensive global operations, finance and capital markets experience that will serve our company well as we continue to strengthen our core businesses and expand into new areas.
Prior to her deputy CEO role at Deutsche Bank, Milrod held a number of senior positions at the firm, including assistant treasurer of the Americas.
Before that, she was a predecessor firm Bankers Trust, where she was a senior member of the Treasury/Funding group within the Trading and Sales Division. Prior to joining Deutsche Bank/Bankers Trust in 1993, she worked at Institutional Investor magazine.
This is a particularly exciting time to be joining DTCC, Milrod says. The company is uniquely positioned as a primary infrastructure during this period of unprecedented regulatory and financial market change. I look forward to being part of this outstanding organization and contributing to its future success.
Milrod has an undergraduate degree from Smith College and a masters degrees in business administration from Columbia Business School.
(CG)