DTCC Connection

May 02, 2011 • DTCC Connection

DTCC Board Membership Changes

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DTCC Board Members

DTCC recently announced several changes to the composition of its Board of Directors. Robert Druskin is the new executive chairman of the Board. He joined DTCC in April, following the Board’s decision to separate the roles of chairman and chief executive officer (CEO). Donald F. Donahue is now president and CEO, and remains a member of the Board.


Jonathan Hitchon, co-head of Deutsche Bank’s Global Prime Finance business, was elected to DTCC’s Board at its April meeting. He replaces Robert Kaplan of State Street Bank and Trust, whose term had expired. All other current members of the board were reelected except for William Aimetti, DTCC’s former president, who retired in February.


Jonathan Hitchon, co-head of Deutsche Bank’s Global Prime Finance business

More on Hitchon

Hitchon has been co-head of Deutsche Bank’s Global Prime Finance business since 2005. The business encompasses all of Deutsche Bank’s prime brokerage, synthetic finance, structured equity finance, hedge fund consulting and securities lending. Hitchon is also responsible for all Global Listed Derivatives. Hitchon has also taken on the recent responsibility of running DB Global Listed Derivatives platform.


Before that, Hitchon was chief operating officer of Equity proprietary trading and DB Advisors, and was co-head of Equity prime services from 2001, when Equity prime services was created, until 2003. Prior to that, Hitchon held a number of senior roles in the equities area of Deutsche Bank, including Equities Derivatives chief operating officer and Equities chief administrative officer. Hitchon joined Deutsche Bank in early 1998 as part of the acquisition of Equity Derivatives from National Westminster Bank (NatWest). At NatWest, he held a number of senior capital market roles, his last position being chief financial officer for Equities NA.


Hitchon is a fellow of the Chartered Association of Certified Accountants and graduated from Sheffield University in the U.K. with a bachelor of science degree in chemical engineering and fuel technology. @


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