DTCC Elects Deutsche Bank’s Turley to Board of Directors

The Depository Trust & Clearing Corporation (DTCC) has elected Deutsche Bank’s technology chief, Jim Turley, to its board of directors.

He joins the board composed of 19 directors, 12 of which are representatives of clearing banks.

“We have a number of exciting opportunities ahead of us and Jim’s extensive experience in the financial services industry and global perspective will be invaluable as we continue to expand our mission to serve our clients and build upon our current momentum,” says Robert Druskin, executive chairman, DTCC.

Jim Turley currently services as co-head of Group Technology and Operations, and chief operating officer for its Global Transaction Banking (GTB) business.

Meanwhile John Parker, head of Services and Operations at Wells Fargo Advisors, has stepped down from the board after five years of service.