New York/London/Hong Kong/Singapore/Sydney, December 12, 2023 ‒ DTCC, the premier post-trade market infrastructure for the global financial services industry, today announced the appointment of Gloria Lio as Managing Director, Head of Enterprise Services. Lio, who joined the company on December 11, 2023, will also serve as a member of the DTCC Management Committee.
As Head of Enterprise Services, Lio will be responsible for leading strategy development for DTCC’s Global Business Operations, Client Services, Integration and Business Architecture. Additionally, she will help drive forward DTCC’s digitization efforts. She will report to Frank La Salla, DTCC’s President, Chief Executive Officer and Director.
La Salla said, “We’re delighted to welcome Gloria to DTCC, where she can share her expansive knowledge and skillset across our Enterprise Services. Gloria brings a strategic approach to leadership that supports DTCC’s continued focus on delivering outstanding results to our clients and key stakeholders. Within this role, she will lead and create new opportunities for greater synergies across the organization while delivering enhancements to our digitalization strategy and processes.”
Lio has over 25 years of experience in financial services, most recently at BNY Mellon where she served as Global Head of Custody and Middle Office Operations. Prior to that, Lio spent 20 years at Goldman Sachs, where she held a number of global and regional operational-related leadership roles.
Lio added, “I’m honored to join DTCC, an influential leader in the global financial markets that is respected for its role in protecting market safety and stability. I look forward to partnering across the organization to drive innovation and help deliver upon DTCC’s vision to serve as a strategic partner to clients while providing new and increased value to the industry.”
With 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 locations around the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, enhancing performance and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm innovates purposefully, simplifying the complexities of clearing, settlement, asset servicing, transaction processing, trade reporting and data services across asset classes and bringing increased security, enhanced resilience and soundness to financial markets. In 2022, DTCC’s subsidiaries processed securities transactions valued at U.S. $2.5 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $72 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 17.5 billion messages annually. To learn more, please visit us at www.dtcc.com or connect with us on LinkedIn, X, YouTube, Facebook, and Instagram.