Ex-Dune Exec. Donohoe To DTCC

Jun 29 2011 | 4:05am ET

Former Dune Capital chief operating officer Noel Donohoe has joined the Depository Trust & Clearing Corp.

Donohoe was named to the new post of executive managing director and group chief risk officer, a job he will start in August. Most recently, he was global head of project control at Credit Suisse, and, prior to that, co-head of global risk at Bank of America.

Donohoe worked at Dune from 2005 through 2008, after more than a decade at Goldman Sachs.

"DTCC has a long-standing reputation for safeguarding the financial markets and its participants from systemic and operational risk, especially during times of crisis. The critical role the organization has played in ensuring the integrity of our financial system is unparalleled,” Donohoe said. “I am excited to be joining such a talented and dedicated team of professionals who recognize the importance of risk management as a core capability."

At DTCC, Donohoe will oversee the firm's enterprise risk management, operational risk management and systemic risk teams.

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