TMX Group Names Jean Desgagne to Head CDS

TORONTO, Jan. 18, 2013 /CNW/ - TMX Group Limited today announced the 
appointment of Jean Desgagne as President and Chief Executive Officer of The 
Canadian Depository for Securities Limited (CDS), Canada's national securities 
depository, clearing and settlement hub for equity, fixed income and money 
markets. Through its subsidiary, CDS Clearing and Depository Services Inc., 
CDS holds over $4 trillion on deposit and annually handles over 374 million 
domestic transactions and over 41 million cross-border transactions with the 
U.S. Mr. Desgagne, whose appointment will take effect on February 19, 2013, 
will join TMX Group's executive management committee and will be an Officer of 
TMX Group Limited. He replaces Ian Gilhooley, who retired on December 31, 
Tom Kloet, Chief Executive Officer of TMX Group said: 
"Jean brings deep expertise in risk management along with broad capital 
markets operations experience to this critical role. An accomplished leader 
with a solid track record of success driving change, Jean will complete CDS's 
integration with TMX Group and work with a broad and highly talented 
leadership team to deliver enhanced capabilities and value for our customers." 
David Wood, Chair of the CDS Board of Directors said: 
"We are very pleased to have attracted a leader of Jean's experience and 
demonstrated skills to guide CDS. As CDS focuses on the introduction of new 
value-added products and services to the market, he will help us to achieve 
our full potential as a business for the benefit of staff, customers and 
Added Mr. Desgagne: 
"CDS has been a reliable and effective provider of critical infrastructure to 
Canada's capital markets. I look forward to working with my new colleagues 
to further strengthen the organization, expand the offering and drive new 
innovation for the benefit of our participants and stakeholders." 
Mr. Desgagne joins CDS from TD Bank Group, where he most recently served as 
Senior Vice President, Trading Risk Services, with responsibility for the 
independent oversight of valuation, market risk, liquidity and collateral for 
TD's global trading business. Prior to TD, he held increasingly senior 
positions at some of Canada's leading financial institutions in areas such as 
treasury operations, technology, trading support and risk management. Mr. 
Desgagne is a Chartered Accountant and a graduate of the University of 
Ottawa. He currently serves on the Board of the Jean Tweed Centre and has 
been active in a number of other community organizations. He is a member of 
the President's Advisory Council for the University of Ottawa and was awarded 
the Trudeau Medal by the Telfer School of Management and the Queen's Jubilee 
Medal in 2002 in recognition of his community service. 
About TMX Group (TSX:X) 
TMX Group's key subsidiaries operate cash and derivative markets and 
clearinghouses for multiple asset classes including equities, fixed income and 
energy. Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha Group, 
The Canadian Depository for Securities, Montreal Exchange, Canadian 
Derivatives Clearing Corporation, Natural Gas Exchange, Boston Options 
Exchange, Shorcan, Shorcan Energy Brokers, Equicom and other TMX Group 
companies provide listing markets, trading markets, clearing facilities, 
depository services, data products and other services to the global financial 
community. TMX Group is headquartered in Toronto and operates offices across 
Canada (Montreal, Calgary and Vancouver), in key U.S. markets (New York, 
Houston, Boston and Chicago) as well as in London, Beijing and Sydney. For 
more information about TMX Group, visit our website at Follow 
TMX Group on Twitter at 
Carolyn Quick Director, Communications and Public Affairs TMX Group 
SOURCE: TMX Group Inc. 
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CO: TMX Group Inc.
ST: Ontario
NI: 2575 WNEWS  
-0- Jan/18/2013 15:27 GMT
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