Jennifer Peve has been appointed as head of strategy and business development at the Depository Trust & Clearing Corporation (DTCC), and is set to join the DTCC Management Committee on 2 July.
Peve will be responsible for the firm’s global corporate strategy, digital product development and strategic partnerships and alliances reporting to DTCC president and CEO Michael Bodson.
In her new role, Peve will ensure coordination and adaptability in the formulation and execution of the firm’s strategy.
Peve will build on initiatives she has previously led such as Project Ion — DTCC’s future vision of an alternative digital settlement service — and Project Whitney— its digital product offering for private securities.
Peve joined DTCC in 2015 as executive director, business development and fintech strategy office.
She was promoted to managing director in 2018 and assumed expanded responsibilities for global partners and innovation.
Previously Peve served as executive director, over-the-counter product management, at CME Group.
Bodson comments, “Jennifer Peve is a proven leader who has the unique ability to understand, conceptualize and shape the future of the post-trade environment as well as the application of new and emerging technologies to drive the creation of creative and effective products and solutions for our clients.”
He adds,“Peve will bring together our corporate strategy, digital product development and strategic partnerships and alliances as we continue to make significant advances in transforming the post-trade environment and introducing and utilising new technologies to drive down costs and risks for our clients.”