David Puth

David Puth
Senior Advisor to CLS
David joined CLS as CEO in August 2012, stepping down from the role on 30 September 2018. He continues to serve on relevant CLS committees until the end of his tenure of 30 November.

CLS is the world’s leading provider of risk management and operational services for the global foreign exchange market.
In addition to his role at CLS, David is Vice Chair of the Global Foreign Exchange Committee. In his broad industry role David has overseen the development of the FX Global Code.

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 and a member of State Street’s Executive Management Committee. His responsibilities included sales, trading and investment research across multiple asset classes, including FX, and for Currenex, the firm’s electronic FX brokerage business.

David is a member of the Foreign Exchange Committee of the Federal Reserve Bank of New York, which he chaired from 1999 to 2002. He has served on the board of directors of both CME Group and ICAP (now NEX). In addition, he is a member of the Bank of England’s Foreign Exchange Joint Standing Committee.

Outside of the industry, David serves on a number of boards in support of education and the arts, including the Institute for Contemporary Art in Boston and the Berkshire School Endowment Committee. He is also a longstanding board member of the Robin Hood Foundation in New York, one of the country’s leading poverty fighting organizations.