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Systemic Resolution Advisory Committee

Biography - Frank La Salla

Last Updated: January 24, 2023

Frank La Salla is President, CEO and Director of DTCC. He also serves as President and Chief Executive Officer of DTCC’s principal operating subsidiaries, DTC, FICC and NSCC.

Mr. La Salla joined DTCC in June 2022 following a 28-year career at BNY Mellon, where he held several senior-level positions, including most recently as Chief Executive Officer of its Issuer Services business and a member of the BNY Mellon Executive Committee, the senior-most leadership committee at the firm. Prior to that, Mr. La Salla was CEO of Corporate Trust, which included responsibility for Depositary Receipts. He previously served as CEO of BNY Mellon’s Alternative Investment Services and Structured Products business, and before that he was a member of the Executive Committee of Pershing LLC, a BNY Mellon company, where he was co-head of Global Client Relationships and head of Trading Services. Earlier in his career, Mr. La Salla was president and chief operating officer of BNY Clearing Services LLC.

Prior to joining BNY Mellon, Mr. La Salla was CEO of BHF Securities Corporation, the U.S. broker-dealer subsidiary of Germany’s BHF Bank AG, and COO of Société Generale Securities, responsible for developing the French financial institution’s U.S. brokerage business.

Mr. La Salla holds numerous industry registrations and is an active member of the Financial Industry Regulatory Authority's Board of Arbitrators. He earned a Bachelor of Science degree in Economics from The City University of New York and a Master of Business Administration in Finance from Wagner College. He also holds a Master of Arts in Theology from Fordham University.