Kenneth Harvey

Chairman of the Board and Independent/Outside Director

Kenneth Harvey was elected as Chairman of the Boards of CLS Group Holdings AG and CLS Bank International in October 2014; he has served as an Outside (Independent) Director of CLS Group since December 2011.

Kenneth Harvey was elected as Chairman of the Boards of CLS Group Holdings AG and CLS Bank International in October 2014; he has served as an Outside (Independent) Director of CLS Group since December 2011.

Prior to joining the Board of CLS Group, Mr. Harvey was Group Managing Director for HSBC Holdings in which capacity he was responsible for all operations and technology, comprising over 100,000 professionals in nine operating companies and five technology companies. HSBC owns and operates one of the largest shared services organizations in the financial services industry.

Mr. Harvey was the primary architect of the operation. Mr. Harvey currently serves on the board of Amber Road, a leader in Global Trade Management solutions, which in 2014 successfully transitioned from a private company to a publicly traded corporation. He also serves as vice chairman of the board of InsPro, a market leader in software for the Health, A&H, Life and Annuity segment of the insurance industry, and as a member of the Senior Advisory Board of Oliver Wyman, a leading global consulting firm. Previous board service includes Kanbay Inc. and Vertical Networks.

Mr. Harvey holds a Bachelor of Science degree from DePaul University and is a graduate of Northwestern University National Trust School.

Ericka Leslie

Deputy Chairman of the Board and Shareholder Director – Goldman Sachs

Ms. Leslie, located in New York, joined Goldman Sachs in 1996, during which time she has held several roles in Finance, Risk Management, and Operations. Ms. Leslie is currently Global Head of Operations and Platform Engineering for Global Markets at Goldman Sachs. Prior to this role she was Global Head of Securities Division Operations and Global Head of Derivative Operations where she was responsible for implementing operational strategy and maintaining regulatory compliance across Goldman’s securities businesses for all asset classes. Ms. Leslie was also previously lead architect of the risk management framework deployed in Goldman’s Operations Division. Before joining Operations, Ms. Leslie had responsibility for the technology supporting Goldman’s FX trading, sales and e-dealing activities. Ms. Leslie received her undergraduate degree in Accounting, in 1993 from the State University of New York – Albany, and is also a New York State Certified Public Accountant. Previous board service has included DTCC Deriv/Serv, providing infrastructure solutions to the global derivatives market, on which Ms. Leslie served as a member of the DTCC Deriv/Serv Audit and Nominations Committees.

Thomas Berkery

Independent/Outside Director

Mr. Berkery served as the Global Engagement Leader and Audit Signing Partner at PriceWaterhouseCoopers where he was in charge of providing financial advice and managing the firm’s relationship with large, multinational clients. Previously, he was the Managing Partner responsible for the firm’s Assurance and Business Advisory practice in the New York Metropolitan region. Mr. Berkery was also Chief Operating Officer for Global Markets and Investment Banking at Bank of America with responsibility for strategic and financial planning, equity and debt research, operations and financial control, investments/acquisitions and infrastructure support from 2004 through 2007.

Vidya Bittianda

Shareholder Director – Westpac Banking Corporation

Ms. Bittianda is the General Manager for Risk Analytics & Insights for Westpac Banking Corporation, responsible for Market and Liquidity Risk management, Credit Modelling, Model Risk Management and Risk Data Quality. Previously, she held several roles at ANZ Banking Group Limited, most recently Group General Manager for Risk Metrics and Chief Risk Officer, Europe and EMEA.

Gerard Brady

Shareholder Director – Morgan Stanley

Gerard Brady is the Global Chief Information Security Officer for Morgan Stanley (the “Firm”).

He serves on the Fraud Risk Operating Committee (FROC), the Cybersecurity and Information Security Governance Committee (CIGC), Morgan Stanley Wealth Management’s Online Security & Risk Steering Committee, and the Technology and Operations Committees for Morgan Stanley Private Bank, North America, and Morgan Stanley Bank, N.A. In addition, he chairs the Firm’s Cybersecurity and Information Security Working Group (CIWG).  Mr. Brady reports to the Firm’s Chief Information Officer of Technology & Information Risk, Matthew Chung.

Mr. Brady joined the Firm in 2005, serving as the Firm’s Global Head of IT Security prior to assuming his current role as Global Chief Information Security Officer in 2012.  Before joining the Firm, he served as the Head of Enterprise Security Software and Head of Emerging Technologies for Internet Security Systems and as the Chief Security Officer and Chief Technology Officer for Guardent (A Verisign acquisition).  Earlier in his career, Mr. Brady held officer-level positions in Information Security, Cybersecurity, and Technology at such companies as Prudential, JP Morgan, and Bankers Trust.

Mr. Brady has external roles including serving on the Board of Directors of the Financial Systemic Analysis & Resilience Center (FSARC). He is a frequent speaker on the topic of cybersecurity in industry, client, and internal forums. Mr. Brady is responsible for the Firm’s relationship with the US Government as it relates to cybersecurity.

David Gary

Shareholder Director – Deutsche Bank

Mr. Gary is currently the Head of FX Trading North America for Deutsche Bank’s Foreign Exchange business. He joined the Bank in 2007. Prior to his current role, Mr. Gary has held several senior trading and risk management roles including Head of FX Derivatives Trading for North America at Deutsche Bank and Co-Head of U.S. Fixed Income Derivatives Trading at Bankers Trust. Mr. Gary served as Co-Chair of Deutsche Bank’s FX Settlement Governance Forum and played a leading role in addressing the Supervisory Guidance for Managing Risks Associated with the Settlement of Foreign Exchange Transactions published by the Basel Committee on Banking Supervision in February 2013. Mr. Gary graduated from the University of Pennsylvania in 1983 with a BS degree in Economics from the Wharton School with a major in Finance and a BA degree in Economics.

Peter Healey

Shareholder Director – UBS

Mr. Healey is currently Managing Director – Global Head of Special Review Group, Group Internal Audit at UBS, based in Switzerland. He is also ad interim Managing Director – Global Head of IB Strategy, Planning and Risk Assessment, Group Internal Audit. In these roles Mr. Healey is focused on identifying and analyzing new and emerging risks and how they should be factored in to audit activity of the Bank.

Mr. Healey was also previously Global Chief Operating Officer, FX, Rates, and Credit at UBS, where he managed multiple aspects of business planning, strategy formation and implementation, front-to-back processes across all logistics and control functions, oversight of strategic change (including responding to regulatory changes) and the management of operational risk/audit and other operational issues. Mr. Healey has had oversight responsibility for several significant front to back change and remediation programs and frequently participates in business / operating model discussions regarding technical design, vendor selection and management, program resourcing and delivery.

Mr. Healey also served as the UBS vendor relationship manager for Thomson Reuters, and in this role, served as commercial lead on the team negotiating all major contracts between UBS and Thomson Reuters.

Mr. Healey has qualifications from the Chartered Institute of Management Accountants and HND in Medical Laboratory Sciences. He is also a former member of the Board of ISDA (2010-2014).

Karen Keenan

Independent/Outside Director

Karen Keenan is a C-suite executive with over 30 years of experience spanning finance, risk management and regulatory compliance, and business management, including international. Karen’s career reflects a demonstrated track record in executing successful growth initiatives, driving cultural transformation, and leading various business lines in a complex highly-regulated environment.

Ms. Keenan recently retired as the Chief Administrative Officer of State Street Corporation. In this capacity, she led key cross-enterprise initiatives including oversight of its end-to-end technology and operational resiliency program and business line risk management. In 2018 she was recognized by the Greater Boston Chamber of Commerce with a Pinnacle Award in the category of Private Sector Management based on her impact on leading both gender diversity and cultural change programs at State Street. She held a variety of business  management and client-facing roles with State Street, including an expatriate assignment in the U.K. She was the first woman and first non-trader to head the State Street Global Markets division prior to her current role, transforming the trading culture after an insider fraud event. Ms. Keenan was Chief Financial Officer of Investors Financial Services Corp., acquired by State Street in 2007, during its initial public offering and early days as a public company.

Ms. Keenan started her career in public accounting at Arthur Andersen and maintains her CPA license. She is a member of the American Institute of Certified Public Accountants and the Massachusetts Society of Certified Public Accountants. Karen received a Bachelor of Science degree in Accounting, summa cum laude, from Bentley University and an MBA from Babson College.

Sheryl Kennedy

Independent/Outside Director

Until December of 2018, Ms. Kennedy was Chief Executive Officer of Promontory Financial Group Canada, an affiliate of the global consulting firm providing strategy, risk management and regulatory compliance advisory and managed services. From 1994-2008, Ms. Kennedy was Deputy Governor for the Bank of Canada. Currently, she is a non-executive Chair of Promontory Canada and Vice-Chair of the Canadian Public Accountability Board, the regulator of auditing of publicly traded companies in Canada.

Dominique Le Masson

Shareholder Director – BNP Paribas Group

Ms. Le Masson is currently the Senior Coordinator for European Market Infrastructures at BNP Paribas Group based in Paris. Ms. Le Masson is a member of a major infrastructure advisory group at National Central Bank and European Central Bank level in addition to major CCPs where she represents the BNP Paribas Group as a whole. She is also strongly involved in clearing evolution, especially for fixed income, repurchase agreements, over-the-counter FX and swaps in Europe, Asia Pacific and the US. Before assuming the Senior Coordinator role in March 2017, Ms. Le Masson held several other roles including Head of Central Treasury at ALM Treasury and was a member of the Comex of BNP Paribas Group ALMT. Ms. Le Masson has spent most of her career with the Bank and since 1983 has held various roles related to financial markets, including as an FX Swap Trader, before joining the ALM Treasury as a USD treasurer and then becoming Deputy Head of Central Treasury. Ms. Le Masson graduated in 1981 from Ecole Supérieure de Commerce de Paris(ESCP).

Gilbert Lichter

Independent/Outside Director

Mr. Lichter served as the Chief Executive Officer of EBA Clearing, which is the Operator of two SIPS – EURO1, the private-sector owned large-value payments system, and STEP2, the pan-European ACH for SEPA payments until his resignation in April 2015. In addition, Mr. Lichter is the Secretary General of the Euro Banking Association (EBA), an organization which he has been involved with for over twenty years. EBA was founded in order to manage the ECU Clearing System in partnership with the Bank for International Settlements. As it developed, EBA has provided payment systems for the euro and served as a forum for pan-European payments industry issues. Mr. Lichter also served on the Managing Board of CEDEL S.A. from 1989 through 1992. He began his professional career in 1978 with Banque Internationale à Luxembourg. He received a degree in business administration from the University of Saarbrϋcken, Germany.

Naoto Nakamura

Shareholder Director – MUFG

Naoto Nakamura is Managing Director, Global Head of FX & Local Markets Trading, Co-Head of Global Markets Sales and Trading Division at MUFG. In his role, he is responsible for the FX business globally. He is also Chair of Tokyo Foreign Exchange Market Committee and FX club, Japan. Prior to this role, he was Head of Strategic investment office, being responsible for the investment of fixed income, credit, and equity. He started his career in the global market business in London in 1995, after he joined the Bank of Tokyo in 1992. He has a progressive career primarily in the global markets business either in Tokyo, London or New York, mainly focusing on FX business and Treasury including investment, liquidity and funding. He received a Bachelor of Arts degree in Economics from Keio University in 1992, and Msc. in Financial Management by the University of London as an External student in 2002.

Bryan Osmar

Independent/Outside Director

Until his retirement in 2015, Mr. Osmar served as Managing Director and Head Market Infrastructure at Royal Bank of Canada based in Toronto for 30 years and New York for five years. Mr. Osmar was also responsible for implementing RBC Capital Markets regulatory reform initiatives in a range of regulatory areas and jurisdictions notably including the reforms in the Global OTC derivatives space. Mr. Osmar is a former Director of Currency Exchange International Corp and Exchange Bank of Canada. He received a Bachelor of Arts degree in Economics from the University of Western Ontario in 1979 and subsequently earned a Master of Arts degree in Economics from Queens University in 1981.

William Stenning

Shareholder Director – Societe Generale

Mr. Stenning is currently Head of Public Affairs – UK at Societe Generale. This role includes close collaboration with senior line management across the firm, including the house FX business and the Prime Services franchise, on all regulatory, clearing and market infrastructure related matters. Previously, Mr. Stenning was Managing Director, Clearing, Regulatory & Strategic Affairs at Societe Generale for approximately 9 years. Mr. Stenning began his career in banking as a business manager for FX & Rates at Chase Manhattan, prior to spending nearly a decade working in market infrastructure at both SwapsWire and, subsequently, DTCC. Mr. Stenning graduated in 1991 with a degree in electronic and electrical engineering from the University of Surrey and has been a member of the Institute of Chartered Accountants in England and Wales for over 20 years. He currently serves as the Societe Generale delegate on a number of Industry Association advisory bodies including membership of the ISDA Clearing Risk and Capital Committee, ISDA Market Infrastructure & Technology Oversight Committee and the BBA Wholesale Policy Committee.

Edward Sterba

Independent/Outside Director

Mr. Sterba is the Senior Executive Partner in the Global Enterprise Account Division of Gartner Inc., an IT research and IT advisory company. He is responsible for providing advisory, coaching and consulting services to C-Suite clients with a focus on IT, digital strategy and modernization. Previously, Mr. Sterba held the role of Chief Information Officer of OneMain Financial, a Citigroup Company, and prior to that, he was Chief Technology Officer of HSBC.

Fabrizio Tallei

Shareholder Director – Intesa Sanpaolo S.p.A.

Mr. Tallei is currently Head of FX and International Money Market at Intesa Sanpaolo Group Treasury in Milan, Italy. Mr. Tallei coordinates the activity in assets/liabilities denominated in foreign currencies assuring an effective management of the associated FX, liquidity and interest rate risks. Mr. Tallei advises the CFO on the evolution of the FX market and settlement systems and on the impact of new regulations at the Group level. Prior to assuming this role he covered different positions in the Treasury area, beginning as a trader of Italian Lira interest rate derivatives at Banca Commerciale Italiana. Mr. Tallei graduated in Business Administration from Universita’ Bocconi, Milan and completed a banking executive program at INSEAD, Paris. He is a member of Italian Assiom-Forex and former secretary of Euribor-ACI Derivatives Working Group. Mr. Tallei is currently the EBF/ABI delegate to the STEP Market Committee, the initiative managed by the European Money Market Institute promoting the Euro Short Term Paper market.

John Trundle

Independent/Outside Director

John Trundle is the former Chief Executive Officer, member of the Board of Directors and Chair of the Management Committee for Euroclear UK & Ireland. He was responsible for implementing the strategy set by the Board, organising its delivery, and giving purpose to the staff of the company. Prior to this, Mr. Trundle was the Chief Risk Officer and a Managing Director for Euroclear SA/NV and held several positions at the Bank of England, most recently as the Head of the Business Continuity Division and Financial Market Infrastructure Divisions.

Mr. Trundle is an experienced board member and Chairman in the public and private sector and holds advisory roles with SWIFT Institute Advisory Counsel, International Business Diplomatic Exchange, Global Business Schools Network, Journal of Financial Market Infrastructures, and recently with the Financial Conduct Authority. Mr. Trundle holds a Master of Science degree in Business Studies from the London Business School and a Masters of Arts degree in Economics from St. Catherine’s College, Cambridge.

Eddie Wen

Shareholder Director – JPMorgan Chase & Co.

Mr. Wen is J.P. Morgan’s Global Head of Digital Markets and a Managing Director of the firm’s Markets business. He is responsible for the delivery of digital services across all asset classes. Prior to joining J.P. Morgan in 2006 as Global Head of eCommerce for Macro Businesses, Mr. Wen was responsible for Quantitative Algorithmic Trading Strategies in Foreign Exchange at Goldman Sachs.

Ronnie Yam

Shareholder Director – United Overseas Bank Limited

Mr. Yam is currently Managing Director, Chief Operating Officer of Group Finance and Corporate Services at United Overseas Bank Limited based in Singapore. He joined the bank in 2000. Prior to assuming this role in April 2019, he was Regional Chief Financial Officer. He has also previously held the positions of Country CFO - UOB China and Country CFO – UOB Malaysia. Mr. Yam is a member of the UOB Group Operational Risk Management Committee and Data Management Working Committee. Mr. Yam is a fellow of the Association of Chartered Certified Accountants and has attended the Singapore Management University – UOB Executive Leadership Programme and the National University of Singapore – Chicago Booth Emerging CFO for Asia Programme.