Executive Director, CCMA
On July 15, 2015, the Canadian Capital Markets Association, board of directors announced the appointment of Keith Evans as Executive Director. Mr. Evans represents the CCMA, in the co-ordination of an industry-wide effort to shorten the securities settlement cycle from the current three days to a two-day period after trade date, or T+3 to T+2.
Mr. Evans is a senior operations executive in the financial services industry, with extensive experience in clearing and settlement, corporate actions and project management. He worked for The Canadian Depository for Securities Limited (CDS) for 36 years, most recently as Executive Director, Operations. There he was responsible for the day-to-day operations and strategy of Canada’s national depository and clearing corporation.
Canada and the U.S. enjoy the most robust cross-border securities trading environment in the world, and Mr. Evans is looking forward to helping to facilitate a smooth transition to T+2 and to ensuring our financial industry remains competitive on the global stage.