Andrew Douglas

Head of Government Relations, DTCC

Andrew Douglas, Head of Government Relations for DTCC in Europe and Asia, plays a key role in developing DTCC’s public policy strategy and positions, and interfaces with policy, regulatory and industry audiences. Mr. Douglas has been responsible for European Government Relations for DTCC since 2010. Early 2013, he was promoted to Managing Director and his responsibilities were extended to cover Asia. Over the past years Mr. Douglas has worked to generate greater understanding of financial market infrastructure and its critical importance to both the marketplace and to policy makers. He has also worked to address trans-Atlantic policy challenges and has focused on issues around extraterritoriality, equivalence and mutual recognition.  In 2014, he was appointed to the Board of the Collateral Management joint venture established between DTCC and Euroclear.

Mr. Douglas joined DTCC from SWIFT where he was Head of the Securities Research and Development Team. During his ten-year tenure at SWIFT, he was instrumental in developing the “Giovannini protocol” which harmonized communication standards among equity post-trade infrastructures in Europe. He was also responsible for the research and development of new business ideas for diverse industry sectors, including insurance, Islamic banking, and carbon trading.

Prior to joining SWIFT in 1999, Mr. Douglas spent two years as Head of the middle office and client service teams for fixed income and money market products at Deutsche Bank’s investment bank, where he led initiatives aimed at eliminating the traditional investment banking vertical product focus.

He started his career in 1988 at Citibank.