The Americas’ Central Securities Depositories Association (ACSDA) elected Mary Ann Callahan as its new President at the organization’s 9th General Assembly in Mexico City, Mexico, in early March. Callahan is Managing Director, International, at The Depository Trust & Clearing Corporation (DTCC).
Callahan is a well-known and respected executive in the international financial community. She has played a key role for DTCC and its subsidiaries over 25 years, serving on global committees focused on CSD activities, global standards, straight-through processing, and promoting cooperation among infrastructure organizations.
As President, Callahan will play a key role in advancing ACSDA’s efforts to promote cooperation, information exchanges, best practices and cross-border relationships among central securities depositories and clearing houses from more than 25 nations across the Americas, as well as South Africa. Elected for a two-year term, Callahan succeeds Fernando Yez Gonzales, General Manager of Chile’s Depsito Central de Valores S.A. (DCV).
“DTCC has made a significant contribution to ACSDA since its creation in 1999,” says Yez. “We are delighted that Mary Ann is becoming the new president. She has strong knowledge of the markets comprising ACSDA, and will bring valuable experience and a global perspective to ACSDA.”
“I look forward to working with my colleagues to strengthen relationships among the depositories of the Americas,” says Callahan. “ACSDA has an ambitious agenda for the next two years. We’ll be sharpening our focus on corporate actions processing and standards, implementing a comprehensive communications strategy, and rolling out an ACSDA cross-training program to provide a more structured forum for the exchange of perspectives and innovative ideas. We’re already gearing up for a week-long cross-training program in New York this autumn.”