The Depository Trust & Clearing Corporation (DTCC) today announced that four new Board Members have joined its Board of Directors.

The new Directors are Roland Chai of Nasdaq, Massimiliano Ciardi of Citadel, Stephen Hood of Marex, and Georges Lauchard of Barclays.

Roland Chai serves as the President of European Markets and Head of Digital Assets at Nasdaq. He is responsible for overseeing seven exchanges, a CCP, and a CSD group. Earlier, Chai served as Nasdaq’s first Global Chief Risk Officer, where he was responsible for developing, reviewing and maintaining Nasdaq’s global risk program.

Massimiliano Ciardi serves as Global Treasurer of Citadel, where he oversees global liquidity, counterparty risk and capital management. Previously, Ciardi spent 17 years at Goldman Sachs, where he rose to Partner and Global Head of the Equities Funding Group in the Global Markets Division.

Stephen Hood serves as Americas Head of Clearing at Marex. In this role, Hood is responsible for leading the firm’s futures and options clearing operations as well as supporting digital asset clearing and tokenized frameworks. Hood brings over 25 years of leadership across global FCM and broker-dealer markets.

Georges Lauchard serves as Chief Operating Officer of Barclays Investment Bank. Lauchard leads global technology, operations, and controls across the division’s multi year transformation strategy. He has extensive experience, holding various leadership roles, including 20 years in senior global COO, Markets, Technology, and Controls at J.P. Morgan.

“We are delighted to welcome Roland, Massimiliano, Stephen, and Georges to the Board of Directors,” said Kevin M. Kessinger, Non-Executive Chairman of DTCC’s Board. “Their collective experience and expertise across global markets, risk management and financial infrastructure will be invaluable as DTCC continues to advance market resilience and innovation to help lead the evolution of the global financial system.”

The DTCC Board of Directors is currently composed of 21 Directors. Of these, 13 are participant Directors who represent clearing agency members, including international broker/dealers, custodian and clearing banks, and investment institutions; four are non-participant Directors; two Directors are designated by DTCC’s preferred shareholders, ICE and FINRA; and the remaining two Board members are DTCC’s Non-Executive Chairman and its President and Chief Executive Officer.