The Depository Trust & Clearing Corporation has hired Ann Shuman, a veteran of the financial services industry, as deputy general counsel. She reports to Larry Thompson, managing director and general counsel.

Shuman, who brings to DTCC nearly two decades of experience and leadership in the financial industry, will have primary responsibility for overseeing the legal functions of DTCC's clearing and settlement areas, as well as DTCC's corporate secretary function. In addition, as a senior member of DTCC's legal team, she will collaborate with the executive team and business areas on the full range of strategic development, asset protection, reputational, legal and other operational management issues for the company.

Shuman joins DTCC from CME Group, where she most recently served as managing director and deputy general counsel since 2007. Since joining CME in 2000, she held numerous senior positions in corporate development and legal, in which she worked on many of CME's strategic business transactions in U.S. markets and internationally.

Previously, she was an associate at law firm Sidley Austin, and a law clerk for the Honorable E. Grady Jolly of the U.S. Court of Appeals for the Fifth Circuit.

In September 2001, DTCC named James Odell as its first deputy general counsel. From 2005 to 2010, Odell was general counsel for the Americas of UBS Investment Bank, where he managed UBS's legal and compliance staff for its investment bank in the Americas and for all of the bank's businesses in Latin America.

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