CME Clearing Appoints New Chief Risk Officer
CME Group, the world's leading derivatives marketplace, has announced the appointment of Vijay Albuquerque as Chief Risk Officer (CRO) in its Clearing & Post-Trade Services Division.
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Rhea-AI Summary
CME Group, the world's leading derivatives marketplace, has announced the appointment of Vijay Albuquerque as Chief Risk Officer (CRO) in its Clearing & Post-Trade Services Division. Albuquerque, who brings over 20 years of industry experience, previously served as Head of Counterparty Risk and Portfolio Risk Analytics for Citigroup's Markets and Banking businesses.
Based in New York, Albuquerque will report to Suzanne Sprague, CME Group Chief Operating Officer and Global Head of Clearing. The appointment aims to strengthen the company's risk management services and clearing efficiencies for clients.
Positive
- Appointment of experienced executive with 20+ years of industry expertise
- Strategic enhancement of risk management leadership
Negative
- None.
Details
News Market Reaction – CME
The recorded move for CME in the trading session of this news was +0.68%.
Data tracked by StockTitan Argus. Session date unavailable.
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With over 20 years' industry experience, Albuquerque most recently served as the Head of Counterparty Risk and Portfolio Risk Analytics for Citigroup's Markets and Banking businesses.
Albuquerque will be based in
"Vijay's deep expertise in both derivatives and securities markets will be invaluable as we continue to deliver leading risk management services to our clients," said Sprague. "We look forward to the significant contribution he will make as we work to continuously strengthen the clearing efficiencies we provide to the marketplace."
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and
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View original content:https://www.prnewswire.com/news-releases/cme-clearing-appoints-new-chief-risk-officer-302436942.html
SOURCE CME Group
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