This biographical article is written like a résumé. Please help improve it by revising it to be neutral and encyclopedic.(March 2022)
David Puth is an American financial services executive. He was named chief executive officer of Centre in 2020.[1] Centre governs the technology, policy, compliance, audit and reserve standards for USD Coin (USDC), the fastest growing dollar-based digital currency in the world.[2]
Puth is a former member of the New York Federal Reserve Foreign Exchange Committee,[3] the Bank of England Joint Standing Committee[4] and former Chairman of the Bank of International Settlements' Market Participants Group where he led the foreign exchange (FX) market's input to the development of a single global code of conduct covering the FX market.
Puth was a member of the Foreign Exchange Committee, sponsored by the Federal Reserve Bank of New York, which he chaired from 1992 to 2002.[5]
Puth studied Political Science and Government at Tufts University in Boston, graduating with a Bachelor of Arts degree in 1979.[6]
Careeredit
Puth's career spans more than three decades in financial markets, including 19 years at J.P. Morgan where he served in a variety of senior global leadership roles with oversight of the bank's FX, interest rate derivatives, commodities and emerging markets businesses.
Puth spent more than 19 years at J.P. Morgan from 1988 to 2007.[5] He held several senior roles at the bank including Global Head of Currencies and Commodities until November 15, 2006.[6] He also served as a managing director and was a member of J.P. Morgan Chase' Executive Committee.[7]
In 2008, Puth joined State Street as Executive Vice President and Head of Global Markets where he oversaw sales, trading and investment research across multiple asset classes. He was also responsible for Currenex, Sate Street's electronic foreign exchange brokerage arm.[5]
Centreedit
Puth was appointed chief executive officer (CEO) to Centre in 2020.[1] The technology behind Centre makes it possible to exchange value between people, businesses and financial institutions just like email between mail services and texts between SMS providers.[2]
CLSedit
Puth served as chief executive officer (CEO) and Director at CLS Group from 2012 to 2018.[8] CLS is a specialist financial system that provides settlement services to its members in the foreign exchange market to mitigate settlement risk.[9]
FX Global Codeedit
David Puth served as the Chair of the Market Participants Group for the drafting of the Bank of International Settlements Global FX Code of Conduct for the foreign exchange market.[10]
In this role, he was responsible for leading the market participants input to create a voluntary code of conduct for all wholesale foreign exchange market participants.[11]
The Global FX Code aims to establish a single set of common guidelines and principles of good practice for responsible participation in the wholesale FX market. The Global FX Code is being developed by the Foreign Exchange Working Group (FXWG).
The Code was published in two halves, the first on May 26, 2016[12] and the second on May 25, 2017.[12]
Philanthropic workedit
Puth is a board member and leads the audit and finance committee for the Robin Hood Foundation.[13] He is also a trustee of the Institute of Contemporary Art in Boston.[11]
Referencesedit
^ ab"Financial Industry Veteran David Puth Joins Centre as Chief Executive Officer". December 2020.
^ ab https://www.centre.io/. {{cite web}}: Missing or empty |title= (help)
^"FOREIGN EXCHANGE COMMITTEE MEMBER LIST 2017". New York Federal Reserve.
^"Interview with David Puth, CEO at CLS: In safe hands". www.fx-mm.com. Retrieved 2017-07-13.
^ ab"The Currency Ethicist: One Man's Push to Fix a Tarnished Market". Bloomberg.com. Retrieved 2017-07-13.
^ ab"Foreign Exchange Working Group". www.bis.org. 2015-07-22. Retrieved 2017-07-13.
^"Governance | Robin Hood". robinhood.org. 9 October 2016. Retrieved 2017-07-13.
October 27, 2023
david, puth, this, biographical, article, written, like, résumé, please, help, improve, revising, neutral, encyclopedic, march, 2022, american, financial, services, executive, named, chief, executive, officer, centre, 2020, centre, governs, technology, policy,. This biographical article is written like a resume Please help improve it by revising it to be neutral and encyclopedic March 2022 David Puth is an American financial services executive He was named chief executive officer of Centre in 2020 1 Centre governs the technology policy compliance audit and reserve standards for USD Coin USDC the fastest growing dollar based digital currency in the world 2 Puth is a former member of the New York Federal Reserve Foreign Exchange Committee 3 the Bank of England Joint Standing Committee 4 and former Chairman of the Bank of International Settlements Market Participants Group where he led the foreign exchange FX market s input to the development of a single global code of conduct covering the FX market Puth was a member of the Foreign Exchange Committee sponsored by the Federal Reserve Bank of New York which he chaired from 1992 to 2002 5 Contents 1 Education 2 Career 2 1 Centre 2 2 CLS 2 3 FX Global Code 3 Philanthropic work 4 ReferencesEducation editPuth studied Political Science and Government at Tufts University in Boston graduating with a Bachelor of Arts degree in 1979 6 Career editPuth s career spans more than three decades in financial markets including 19 years at J P Morgan where he served in a variety of senior global leadership roles with oversight of the bank s FX interest rate derivatives commodities and emerging markets businesses Puth spent more than 19 years at J P Morgan from 1988 to 2007 5 He held several senior roles at the bank including Global Head of Currencies and Commodities until November 15 2006 6 He also served as a managing director and was a member of J P Morgan Chase Executive Committee 7 In 2008 Puth joined State Street as Executive Vice President and Head of Global Markets where he oversaw sales trading and investment research across multiple asset classes He was also responsible for Currenex Sate Street s electronic foreign exchange brokerage arm 5 Centre edit Puth was appointed chief executive officer CEO to Centre in 2020 1 The technology behind Centre makes it possible to exchange value between people businesses and financial institutions just like email between mail services and texts between SMS providers 2 CLS edit Puth served as chief executive officer CEO and Director at CLS Group from 2012 to 2018 8 CLS is a specialist financial system that provides settlement services to its members in the foreign exchange market to mitigate settlement risk 9 FX Global Code edit David Puth served as the Chair of the Market Participants Group for the drafting of the Bank of International Settlements Global FX Code of Conduct for the foreign exchange market 10 In this role he was responsible for leading the market participants input to create a voluntary code of conduct for all wholesale foreign exchange market participants 11 The Global FX Code aims to establish a single set of common guidelines and principles of good practice for responsible participation in the wholesale FX market The Global FX Code is being developed by the Foreign Exchange Working Group FXWG The Code was published in two halves the first on May 26 2016 12 and the second on May 25 2017 12 Philanthropic work editPuth is a board member and leads the audit and finance committee for the Robin Hood Foundation 13 He is also a trustee of the Institute of Contemporary Art in Boston 11 References edit a b Financial Industry Veteran David Puth Joins Centre as Chief Executive Officer December 2020 a b https www centre io a href Template Cite web html title Template Cite web cite web a Missing or empty title help FOREIGN EXCHANGE COMMITTEE MEMBER LIST 2017 New York Federal Reserve Quarterly Bulletin Bank of England a b c CLS Group names David Puth as new CEO FX MM www fx mm com Retrieved 2017 07 13 a b David W Puth Executive Profile amp Biography Bloomberg www bloomberg com Retrieved 2017 07 13 J P Morgan Annual Report 2004 PDF Biography Details www cls group com Retrieved 2017 07 13 www cls group com About Pages default aspx www cls group com Retrieved 2017 07 13 Interview with David Puth CEO at CLS In safe hands www fx mm com Retrieved 2017 07 13 a b The Currency Ethicist One Man s Push to Fix a Tarnished Market Bloomberg com Retrieved 2017 07 13 a b Foreign Exchange Working Group www bis org 2015 07 22 Retrieved 2017 07 13 Governance Robin Hood robinhood org 9 October 2016 Retrieved 2017 07 13 Retrieved from https en wikipedia org w index php title David Puth amp oldid 1076326752, wikipedia, wiki, book, books, library,
