The Depository Trust & Clearing Corporation (DTCC) today announced the appointment of Thomas Sullivan as Managing Director of DTCC Digital Assets.
He will be reporting to Nadine Chakar, Managing Director, Global Head of DTCC Digital Assets.
Mr Sullivan is responsible for leading and facilitating the development of DTCC Digital Assets’ strategic objectives, driving critical projects and partnering with clients, regulators and market participants to advance the firm’s leadership in digital innovation.
He brings more than 20 years of experience in securities and banking, across operations and innovation. Previously, he was Head of Business Development for Digital Assets at Société Générale, where he helped establish the firm as a market leader in the issuance, transaction and management of digital-native financial products registered on blockchain.
Prior to Société Générale, he was the Head of Broker Dealer Operations at Commerzbank, where he managed securities settlements, securities lending support, and asset servicing.
“I am honored to be joining DTCC at such a pivotal time for the industry, when the TradFi and DeFi worlds begin to converge and digital assets take hold across the ecosystem,” said Sullivan. “I am excited to collaborate with my colleagues and across the industry and look forward to seeing what we collectively achieve in the years to come.”
