DTCC hires Nashira Spencer as Chief Security Officer

The Depository Trust & Clearing Corporation (DTCC) has appointed Nashira Spencer as Chief Security Officer (CSO). 

The premier post-trade market infrastructure for the global financial services industry will count on her 20 years of leadership and expertise in security management.

Nashira Spencer will be responsible for managing DTCC’s enterprise-wide global information security, physical security, employee safety, and crisis/incident management functions, ensuring a comprehensive and holistic approach to risk management and resilience across the organization.

Nashira Spencer’s career includes roles at Prudential Financial, Citigroup and Bloomberg LP

She joins DTCC from Anywhere Real Estate (formerly Realogy), where she was Chief Information Security Officer (CISO) and, most recently, Chief Technology Officer (CTO). There, she conceived and executed the firm’s enterprise-wide global cyber security and data privacy program during its digital transformation.

Her career includes the role of Executive Director of Privacy and Information Security at Time Warner as well as other security-related roles at other large financial institutions, including Prudential Financial, Citigroup and Bloomberg LP.

Nashira Spencer will report to Tim Cuddihy, DTCC’s Group Chief Risk Officer.

Nashira Spencer to conceive and execute innovative strategies

Tim Cuddihy, Chief Risk Officer at DTCC, commented: “We’re pleased to appoint Nashira as CSO to build upon our progress in advancing our security strategy and enhancing our capabilities to further protect the organization and strengthen operational resilience. Her unique background and experience as both a security leader and technologist will enable Nashira to conceive and execute innovative strategies, including the use of new technologies, to safeguard DTCC and help promote the safety and stability of the financial markets.”

Nashira Spencer, Chief Security Officer at DTCC, added: “I’m excited to join DTCC and have the opportunity to apply my experience and leadership in an organization that plays such a critical role in the global marketplace. I look forward to partnering with my new colleagues, as well as our clients, industry associations and the public sector, to further enhance the firm’s resilience and protect the financial industry and the investing public from a wide range of information, cyber and other security risks.”

Spencer holds a Master of Science in Telecommunication Networks from the Polytechnic Institute of New York University and obtained a BS in Computer Science from the University of Pennsylvania. She is a strong advocate for Diversity, Equity and Inclusion and volunteers her time as an advocate for underrepresented communities and populations, including serving on the Board of Directors of The Girl Scouts of Northern New Jersey and NJ State Board of Junior Achievement.