All Press Releases for December 08, 2020

ISITC Announces Board of Directors for 2021-2022 Term

Industry trade organization ISITC extends existing Chair positions and welcomes new members to board

    BRIDGEWATER, NJ, December 08, 2020 /24-7PressRelease/ -- ISITC, the industry trade group focused on developing standards and best practices in financial services operations, today announced its 2021-2022 Board of Directors.

Each year, the Board of Directors holds elections to determine the board members for the following year. ISITC is pleased to announce the one-year term extension of the following dedicated officers:

Chair: Lisa Iagatta (Tegra118)
Vice Chair: Kristin Swenton Hochstein (Refinitiv)
2nd Vice Chair: Rich Robinson (Bloomberg, LP)
Immediate Past Chair: Erica Borghi (Brown Brothers Harriman)

ISITC is excited to also welcome Ana Lotharius (DTCC) as its appointed Secretary for the 2021-2022 term. Charles Mottinger (State Street Corporation) will continue to serve as ISITC's appointed Treasurer.

In addition to its officer positions, ISITC's Board of Directors welcomes three other new Directors, including Erik Barry (Credit-Suisse Securities (USA)), Christopher Daur (Goldman Sachs & Co, LLC), and Grace Kang (The TCW Group).

"The financial services industry is at a pivotal moment of change and growth, and we at ISITC are dedicated to positioning our member firms at the forefront of industry innovation and transformation," says ISITC Chair Lisa Iagatta. "As a volunteer-run organization, our leadership team consists of professionals across various securities organizations who devote time outside of their full-time careers to excel the ISITC mission for the past three decades. I look forward to the 2021-2022 term and the many years to come under our Board's leadership."

Finally, a special thank you to Krista Scharfenberger (BNY Mellon) for her 20 years as an active ISITC participant, serving both as Co-Chair of the Settlements Working Group and most recently on the Board of Directors for the past 8 years.

To view the full list of ISITC's Board of Directors, visit our website here.

ISITC brings together investment managers, broker dealers, custodians, utilities and technology vendors to develop and promote standards and best practices that increase operational efficiencies across the securities industry, enabling member companies to provide essential and enhanced products and services. Founded in 1991, ISITC's membership totals more than 2,000 financial services professionals representing more than 60 firms and trillions of dollars in AUM/AUA. Through its member committees and working groups, ISITC plays a direct role in shaping the future of securities operations by creating and updating market practices, and educating the membership around emerging trends in technology and regulations. For more information, visit

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