The board of directors of the Federal Home Loan Bank of New York has elected Larry Thompson to serve as the board’s vice chairman for 2018. Thompson, who is the vice chairman of The Depository Trust & Clearing Corporation, has served on the Bank’s board as an independent director since Jan. 1, 2014.

Thompson currently serves as the vice chairman of the risk committee of the Federal Home Loan Bank of New York and as a member of its audit and housing committees.

Thompson is vice chairman of The Depository Trust & Clearing Corporation (DTCC) and chairman of the board of DTCC Deriv/SERV. As vice chairman, Thompson leads DTCC’s public policy engagement with key regulators and lawmakers globally and serves as a senior advisor to the firm. He is a member of the DTCC management committee.

Thompson began his legal career with The Depository Trust Company (DTC) as associate counsel in 1981. He was elected vice president and deputy general counsel in 1991, senior vice president in 1993, general counsel of DTC in 1999, managing director and first deputy general counsel of DTCC in 2004, and to general counsel in 2005. Previously, he was a partner in Lake, Bogan, Lenoir, Jones & Thompson.

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