DTCC Appoints Lisa Pollina to Board

Pollina, who most recently was vice chairman for RBC Capital Markets, a division of the Royal Bank of Canada (RBC), will sit on the DTCC board's audit committee, finance/capital committee and risk committee.

The board is made up of 20 directors, 12 of which are representatives of clearing agency participants, four are non-participants, two are designated by DTCC's Series A and Series B preferred shareholders and two are DTCC's chairman of the board and president and CEO.

Pollina's previous roles include senior advisor to the CEO for RBC International on strategic corporate development actions globally. She also served as global financial institutions executive at Bank of America.

Pollina is an appointee to the Federal Reserve Bank of the United States' working group on global markets and was a member of the Financial Services Roundtable in Washington, D.C., where she served as vice chair of the lending and leasing policy committee for the US. She also currently serves on the board of Two Harbors Investment Corporation, where she is chair of the risk committee, and Oliver Wyman.

"We are proud to have Lisa join the DTCC board as its newest member," said Robert Druskin, chairman of DTCC's board of directors, in a statement. "Lisa brings a unique and important perspective based on her deep experience in financial services as well strong leadership capabilities. She will be an important voice in working with us to shape the strategic direction of the firm as we continue to help the industry navigate through a challenging economic and regulatory environment."