DEREK A. ROSS is a former Partner at Deloitte U.K. Ross originally joined Touche Ross (now known as Deloitte & Touche LLP) in 1971. Most recently he was the Senior Partner responsible for advisory services in the London Financial Services Practice which undertook work not only in banks but also in treasury and risk management functions in non-financial businesses. Over the years he either audited or advised not only most of the major financial institutions but also over a quarter of the top 100 corporates and many multinational businesses. Ross acted as Advisory Partner on many of the firm’s major external audit clients to provide specialist technical input and quality assurance on risk management, treasury and derivatives accounting, which included the quantitative work reviewing models and undertaking the valuations of highly structured products for the firm’s major investment banking clients.

After retiring from Deloitte, Ross accepted various non-executive directorships. Firstly, Friends Provident, a Life and Pensions Company, where he also serves on the Audit Committee and chairs the Board Risk Committee. Secondly, Presiding Director and Chairman of the Audit Committee of European Central Counterparty Limited. Thirdly, Sumitomo Mitsui Banking Corporation Europe, where he chairs the Audit and Risk Committee. He also previously served as Chairman of the Council of the Association of Corporate Treasurers.

Ross currently serves as a director on the DTCC Board and is a member of the Audit Committee and Compensation/Human Resources Committee.

Ross holds a Bachelor of Science degree in Chemistry and a Bachelor of Laws degree. His professional qualifications include: Fellow of the Institute of Chartered Accountants; Chartered Management Accountant; Fellow of the Institute of Taxation; and Fellow of The Association of Corporate Treasurers.