Andrea Kelly appointed to America’s Central Securities Depositary



General Manager of the Jamaica Central Securities Depository Limited (JCSD) and the JCSD Trustee Services Limited (JCSDTS), Andrea Kelly, has been appointed to the executive committee of the Americas’ Central Securities Depositories Association (ACSDA).

ACSDA is a non-profit organization comprising Central Securities Depositories and Clearing Houses of the Americas, headquartered in Lima, Peru.

Its By-laws were established at the first General Assembly held in the city of Lima, Peru on August 10, 1999. ACSDA’s main purpose is to be a forum for the exchange of information and experiences among its members in a spirit of cooperation, and to promote best practice recommendations in services such as securities depository, clearance, settlement, and risk management.

ACSDA’s goal is also to support local markets in their efforts to adopt securities market regulations, while considering their specific circumstances, and to serve as a channel for dialogue with other organizations worldwide.

Kelly said about her appointment, “I am excited to have been asked to serve as the Caribbean representative for ACSDA. As a representative on the Board of ACSDA, I plan to serve to the best of my ability and make the Region proud. I will use this opportunity to foster even greater partnership and collaboration with the other CSD’s and have others see the Region as a financial hub.”

Andrea Kelly was appointed General Manager of the Jamaica Central Securities Depository (JCSD) and the JCSD Trustee Services in April 2018. In her role, she is responsible for overseeing the strategic direction of the Board.

The JCSD is a wholly owned subsidiary of the Jamaica Stock Exchange and was incorporated on January 8, 1998. The JCSD was established to provide depository and settlement services for securities traded electronically on the Exchange.

Carribean Money Daily

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