Omgeo hires new ED for Asia-Pacific 11 October 2011Manila Reporter: Anna Reitman
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Omgeo has announced the appointment of Cornelia Dagdag as executive director for sales and solution delivery. Before joining Omgeo, Dagdag was president and COO of the Philippine Securities Settlement Corporation, the clearing and settlement entity for the Philippine currency and fixed income markets.
In this role, Dagdag will be responsible for providing senior leadership at Omgeo for the Asia-Pacific region and growth in Omgeo’s community of investment managers, broker/dealers and banks located in Asia-Pacific as well as oversight of Omgeo advisory boards. She will be based in Manila, Philippines.
Tim Keady, managing director, sales and solution delivery at Omgeo, to whom she will report, says, “Omgeo’s Asia-Pacific community has grown by nearly 50 per cent in the past five years. Further expansion in the region continues to be a key priority and we remain focused on embedding Omgeo within local infrastructure through strategic partnerships with CCPs and CSDs."
Prior to joining Omgeo, Dagdag was president and CEO at the Philippine central depository, where she was responsible for spearheading the establishment of the Philippine CSD, which supports both the equities and the fixed income markets.
“The automation of post-trade processes continues to attract growing attention from both global and local buy and sell side firms. It is an interesting time in the post trade industry and I look forward to working with my colleagues to capitalise on the opportunities, and to respond to the requirements of Omgeo’s growing community in Asia-Pacific,” says Dagdag.
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