Jean Desgagné is President and Chief Executive Officer of The Canadian Depository for Securities Limited (CDS), Canada’s national securities depository, clearing and settlement hub for equity, fixed income and money markets. Mr. Desgagné is responsible for the equities clearing and settlement business of TMX Group, including the following subsidiaries of CDS: CDS Clearing and Depository Services Inc., CDS Securities Management Solutions Inc., CDS Innovations Inc. and CDS INC. Mr. Desgagné is a member of TMX Group’s executive management committee and is an Officer of the Corporation.
Mr. Desgagné joined CDS in 2013 from TD Bank Group where he was Senior Vice President, Trading Risk Services, holding responsibility for the independent oversight of valuation, market risk, liquidity and collateral for TD’s global trading business. Prior to TD Bank, he held increasingly senior positions at some of Canada’s leading financial institutions including Bank of Montreal and Union Bank of Switzerland (Canada) in areas such as treasury operations, technology, trading support and risk management.
Mr. Desgagné is a Chartered Accountant and a graduate of the University of Ottawa. He currently serves on the Board of the Jean Tweed Centre and has been active in a number of other community organizations. He is a member of the President’s Advisory Council for the University of Ottawa and was awarded the Trudeau Medal by the Telfer School of Management and the Queen’s Jubilee Medal in 2002 in recognition of his community service.