News Center
Press Room
For Release:
Immediately
Contact:
Mike Barry
DTCC
(212) 855-5474
Aimetti Elected Managing Director at DTCC
New York, August 8, 2000 -- William B. Aimetti has been elected to the newly-created position of managing director - Operations, Corporate Services, and Quality Initiatives at The Depository Trust & Clearing Corporation (DTCC).
In this role, Aimetti will oversee all operations at DTCC's two subsidiaries, National Securities Clearing Corporation (NSCC) and The Depository Trust Company (DTC), as well as administrative services at DTCC. He will report directly to Dennis Dirks, president of both NSCC and DTC.
"Bill has developed an excellent reputation during his three decades in the financial services industry," Dirks stated. "He brings a unique and valuable blend of talent and experience to our senior management team. I also know his ability to keep DTCC and its subsidiaries focused on improving the way it delivers services will prove an asset to the industry, as well."
Aimetti was most recently executive managing director-Operations, Technology & Corporate Services at Nomura Holdings America, Inc./ Nomura Securities International. Inc. He joined Nomura in 1994 and also served that organization as president and chief executive officer of Nomura International Trust Company, a subsidiary of Nomura Holdings America.
Prior to that, Aimetti was a division executive for Citibank, where he was responsible for all operations and technology for that institution's North American Global Finance division, which included treasury products, capital markets, international corporate finance, debt restructuring and equipment financing and leasing. Earlier in his career, Aimetti held senior management posts at duPont Glore Forgan, Inc., Chase Manhattan Bank, and Wall Street Clearing Company. In addition, he has also been a key member of the operations divisions of both the Securities Industry Association and the New York Clearing House and was a Board member of Cedel (now Clearstream).
Aimetti, who earned his undergraduate degree at Seton Hall University (B.A. Psychology), also received an M.S. from Columbia University's Graduate School of Business.
About DTCC
The Depository Trust & Clearing Corporation (DTCC), with operating facilities in multiple locations in the U.S. and overseas, is a holding company for six subsidiary businesses - a depository and five clearing corporations - as well as the co-owner with Thomson Financial of a global joint venture called Omgeo. Through its subsidiaries, DTCC provides clearance, settlement and information services for equities, corporate debt, municipal debt, government securities and mortgage-backed securities in the U.S., and emerging markets debt trades globally. It is also a leading clearinghouse for mutual funds and insurance products, linking funds and carriers with distribution networks. In addition, DTCC provides custody and asset servicing for more than two million securities from the U.S. and 84 other countries. For more information on DTCC, see www.dtcc.com.