DTCC Connection

Dec 01, 2012 • DTCC Connection

New CAO: In The Eye of The Superstorm

Donna Milrod, DTCC CAO


Donna Milrod joined DTCC as Chief Administrative Officer in October and was quickly thrown into the eye of the superstorm. “Donna’s first few weeks have been anything but dull – and we are all extremely grateful she’s on board,” said Michael Bodson, DTCC CEO and President.


Donna Milrod, DTCC CAO


The new CAO hit the ground running and has not stopped since. “Donna has been instrumental in DTCC’s business resumption efforts for operations, the restoration process for physical securities and in working with partners and vendors to ensure we remain fully operational,” said Bodson. “She also manages security, so it’s been something of a baptism by fire.”


Milrod noted that the experience has given her incredible insight into DTCC, its people and its role in the industry. “I was fully aware of DTCC’s reputation for excellence before joining the company,” she said. “Now in a few short weeks, and under extremely tough circumstances, I have seen how DTCC operates from the inside – and it has been extraordinary. The caliber of the people and their dedication to ensuring there were no disruptions to the U.S. markets are truly remarkable. I am immensely proud to work at DTCC and honored to be part of the team.”


Some background
Milrod serves as a member of DTCC’s Management Committee and has responsibility for the company’s finance, operations, regulatory relations, business continuity, vendor management and security functions.


She joined DTCC from Deutsche Bank AG, where she served as Deputy CEO of Deutsche Bank North America from 2009. From 2002, she also served as head of Deutsche Bank’s Regional Oversight & Strategy group. Prior to these roles, Milrod held a number of senior positions at the firm including as Assistant Treasurer of the Americas.

While at the predecessor firm, Bankers Trust, 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, Milrod worked at Institutional Investor Magazine.

Milrod has an undergraduate degree from Smith College and a master’s in business administration from Columbia Business School.@

dtccdotcom