Chief Executive Officer
David joined CLS as CEO in August 2012 and is a member of the Board of CLS Group Holdings.
In addition to his role at CLS, David chairs the Market Participants Group, established to work with the Bank for International Settlements (BIS) Foreign Exchange Working Group (FXWG) in strengthening code of conduct standards and principles in foreign exchange markets.
David’s career spans more than three decades in financial markets, including 19 years at J.P.Morgan where he served in a variety of senior global leadership roles with oversight of the bank’s FX, interest rate derivatives, commodities and emerging markets businesses. He also served as a member of J.P.Morgan’s Executive Committee.
After leaving J.P.Morgan in 2007, he founded The Eriska Group, a New York‐based risk management consulting organization. From 2008 through 2011, David worked at State Street, where he was head of Global Markets, responsible for sales, trading and investment research across multiple asset classes, including FX, and for Currenex, the firm’s electronic FX brokerage business.
David was also a member of the Foreign Exchange Committee of the Federal Reserve Bank of New York, which he chaired from 1999 to 2002, and has served on the board of directors of both CME Group and ICAP. In addition, he is a member of the Bank of England’s Foreign Exchange Joint Standing Committee, and the Office of Financial Research’s Advisory Committee.
Outside of the industry, David serves on a number of boards in support of education and the arts, including the Institute for Global Leadership at Tufts University and the Institute for Contemporary Art in Boston. He is also a longstanding board member of the Robin Hood Foundation in New York.