DTCC Connection

Jun 01, 2012 • DTCC Connection

Industry Leaders Elected to DTCC's Board of Directors: Bios


Darryll Hendricks


Darryll Hendricks, Head of Strategy and Regulatory Reform, UBS Investment Bank

Hendricks is Head of Strategy and Regulatory Reform for UBS Investment Bank. In this role, he is responsible for Investment Bank (IB) strategic plan development, preparations for investor communications and monitoring of plan execution and business segment resource. He is also responsible for coordinating UBS IB’s efforts related to Regulatory Reform, including Basel 3 compliance and mitigation programs, “too big to fail” and recovery/resolution plans, Volcker Rule implementation and Dodd-Frank OTC derivatives reforms, including swap dealer registration.


Previously, he was Managing Director and Global Head of Risk Methodology for UBS Investment Bank, where he was primarily responsible for leading the strategic remediation and enhancement of market and credit risk methodologies as well as the independent review of valuation models.


From 2009 to 2012, Hendricks served as the chair of the U.S. industry task force on tri-party repo infrastructure, which developed a series of recommendations and a blueprint for changes in the operation of the U.S. tri-party repo market that will enable the practical elimination of intraday credit associated with tri-party repo settlements.


Before joining UBS, Hendricks worked at the Federal Reserve Bank of New York for 13 years, where he focused on capital regulation and on the risk assessment of clearing and settlement infrastructure. Hendricks has a Ph.D. from Harvard University.


Cynthia Meyn


Cynthia Meyn, Executive Vice President and Senior Operations Manager for PIMCO

Meyn is an Executive Vice President and Senior Operations Manager in PIMCO’s New York office, and leads its U.S. operations team. In addition, she serves as a member of leading operational industry groups, including the Omgeo Board of Managers, DTCC Operations Advisory Committee, ISDA Operations Steering Committee, Securities Industry and Financial Markets Association (SIFMA) Operations and Technology Steering Committee, and SIMFA Asset Managers Forum Steering Committee.


Prior to joining PIMCO in 2008, Meyn was the Managing Director of North American Operations at Morgan Stanley Investment Management. Previously, she was Global Co-Director of Fixed Income and Derivatives Technology at AllianceBernstein, Managing Director of Global Fixed Income Technology at Cantor Fitzgerald, and Chief Technology Officer and Chief Risk Officer at Mizuho Capital Markets.


Meyn has 27 years of investment experience and holds an undergraduate degree from Smith College and an MBA from Duke University Fuqua School of Business.


Brian T. Shea

Brian T. Shea, CEO of Pershing LLC

Shea is CEO of Pershing, a BNY Mellon company, and chairs the Pershing Executive Committee. Previously, he was the President and COO of Pershing. He also serves as a member of the Executive Committee of BNY Mellon.


Shea serves on the Board of Directors for the Insured Retirement Institute. He previously served on the Board of Governors of the National Association of Securities Dealers (NASD, which is now the Financial Industry Regulatory Authority, Inc.); the NASD Dispute Resolution Board, as Chairman of the National Adjudicatory Council of the NASD; and as Chairman of the NASD Membership Committee. In addition, he served on the NASD Variable Annuity Utility Task Force, the NASD Mutual Fund Breakpoint Task Force, the NASD Mutual Fund Omnibus Processing Task Force, the NASD Member Admission Review Committee and the NASD District 10 (New York) Committee.


Shea served as Chairman of the Securities Industry Association (SIA) Membership Committee (SIA is now the Securities Industry and Financial Markets Association or SIFMA). He also served on the SIA New York District Committee and is a two-time recipient of the Chairman’s award for distinguished service to the SIA.


He received a B.S. degree in Business Management from St. John’s University and an MBA in Finance from Pace University. He also completed the Securities Industry Institute® program, sponsored by SIFMA, at the Wharton School of the University of Pennsylvania.


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