This week brought notable shifts in leadership, as corporate reorganizations led to some exits and fresh appointments. Among the changes: CME Group brought in Vijay Albuquerque as the new Chief Risk Officer, Sterling Trading Tech brought in Julie Armstrong as Chief Commercial Officer.
Elsewhere, ClearBank brought in a new Chief Risk and Compliance Officer for the UK as the SEC confimed Paul Atkins as the new Chair.
CME Group appoints new Chief Risk Officer
CME Group appointed Vijay Albuquerque as Chief Risk Officer for its Clearing & Post-Trade Services Division. Albuquerque joined CME Group after more than two decades at Citigroup, where he most recently served as managing director and head of counterparty risk and portfolio risk analytics for the bank’s markets and banking businesses.
Albuquerque brings extensive risk management experience to the role. At Citigroup, he oversaw the firm-wide stress testing platform across derivatives, financing, and lending products, while managing counterparty exposure and funds credit underwriting.
Learn more about CME Group’s latest appointment of Vijay Albuquerque as CRO.
CME’s former exec joins Sterling Trading
At the same time, Sterling Trading Tech brought Julie Armstrong as Chief Commercial Officer (CMO), a newly created position aimed at accelerating the company’s global growth. The appointment followed the recent hiring of former Fidessa executive Chris Contrino as Sales Director.
In her new role, Armstrong will reportedly support commercial efforts focused on driving further growth, expanding into new client segments, and increasing both product reach and geographic presence.
Disclose more about Sterling Trading Tech’s onboarding of Julie Armstrong as Chief Commercial Officer.
ClearBank has a new UK Chief Risk and Compliance Officer
In the UK, Joe McCaughran has announced his departure from IG Group to join ClearBank as the UK Chief Risk and Compliance Officer.
McCaughran spent over 14 years at IG Group, most recently serving as Group Chief Risk Officer. In his new role, he will be part of ClearBank’s Executive Committee. The appointment comes as ClearBank continues to expand its presence in the UK banking services sector.
Discover more about ClearBank’s appointment of Joe McCaughran as the new UK Chief Risk and Compliance Officer.
SEC confirms its new boss
Also, this week, the US securities regulator confirmed its new boss. Paul Atkins was sworn in as the 34th Chair of the US Securities and Exchange Commission.
Atkins took over from Mark Uyeda, who had been running the regulator in an acting capacity after Gary Gensler’s resignation.
Show more about the leadership changes at the SEC.
This article was written by Jared Kirui at www.financemagnates.com.ExecutivesRead More
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