DTCC names Andrea Gibbons as the Managing Director & CHRO

GLOBAL – The Depository Trust & Clearing Corporation (DTCC) has appointed Andrea Gibbons as Managing Director and Chief Human Resources Officer, effective October 2, 2024.

In her new role, Andrea brings over 25 years of HR leadership experience and will also join DTCC's Executive Committee. She will lead the company’s human capital strategy, driving initiatives to foster a positive workplace culture, enhance employee engagement, and support the company’s strategic goals. Andrea will oversee HR functions, including recruitment, retention, compensation, employee wellness and benefits, performance management, corporate social responsibility, organisational design and culture, and DEI initiatives, as well as global HR policies.

Andrea has been with DTCC since 2014, demonstrating exceptional leadership and a deep understanding of its organisational culture and values. She transitioned to DTCC following the acquisition of Omgeo, where she served as Managing Director, Global HR Strategy & Practices, for over 15 years. Prior to her time at Omgeo, she worked with Gen3 Partners and Thomson Financial.

Andrea succeeds Anthony Portannese, who has retired from the position and will serve as a strategic advisor to Frank La Salla, President and CEO of DTCC, until the end of the year. Extending his wishes to Anthony, Frank commented, “During his tenure at DTCC, Tony has been a pillar of our organisation. He partnered with four CEOs to continually evolve our company and create a strong culture of performance, collaboration, and inclusion. He was also a key partner to the Board and Executive Committee, providing steady leadership, sound judgement, and wise counsel on a wide range of matters. In addition, he helped guide DTCC through critical moments in our history, including 9/11, the 2008 financial crisis, Hurricane Sandy, and the COVID-19 pandemic. Throughout these events, he operated with empathy and compassion, focusing on what was best for our people while enabling the business to thrive.”

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Welcoming Andrea to her new role, Frank added, “Andrea shares our vision of DTCC as a strategic partner to our clients and brings deep subject matter expertise to propel our teams to achieve our business objectives during a time of great industry change and evolution. I look forward to her ideas and collaboration as we further strengthen DTCC’s ability to advance the industry.”

Andrea also shared her excitement: “I’m thrilled to take on this new role, supporting DTCC’s greatest asset – our employees – while advancing our corporate strategy. I look forward to partnering with my colleagues across the firm to achieve our vision of leading the advancement of global financial markets as the most influential, strategic, and tech-focused partner to the industry.”