Depository Trust & Clearing Corporation has named Noel Donohoe as executive managing director and group chief risk officer. In this newly created role, Donohue will oversee the organisation's enterprise risk management, operational risk management and systemic risk teams, serve as a member of the firm's management committee and act as the principal advisor to the board and to its risk committee. He will take up his new role in August, reporting to Robert Druskin, DTCC executive chairman and to the firm's board risk committee. Donohoe previously worked at Credit Suisse where he was a managing director, global head of product control.