The board of directors of the Canadian Depository for Securities Ltd. announced Monday the election of Robert Fotheringham as a new board member.

Fotheringham currently serves as senior vp, trading, TSX Markets, a division of TSX Inc. His responsibilities include trading, market development and research, product development and management, Canadian and international account management, and business operations, which governs trading and vendor services and market quality.

Prior to joining TSX Markets, Fotheringham was vice-president, derivative and quantitative investments with the Ontario Municipal Employees Retirement System and sat as a senior member of OMERS’ Investment Management Committee and Global Tactical Asset Allocation Committee, where he assisted in the development of the fund’s asset allocation strategies and risk management initiatives.