CME Clearing Appoints New Chief Risk Officer

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.

News Market Reaction – CME

+0.68%

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+0.68% News Effect

On the day this news was published, CME gained 0.68%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

CHICAGO, April 24, 2025 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced the appointment of Vijay Albuquerque as Chief Risk Officer (CRO) in its Clearing & Post-Trade Services Division. 

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 New York and will report to Suzanne Sprague, CME Group Chief Operating Officer and Global Head of Clearing.

"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 Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec is a trademark of BrokerTec Americas LLC and EBS is a trademark of EBS Group LTD. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("S&P DJI"). "S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are trademarks of Standard & Poor's Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners. 

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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

FAQ

Who is the new Chief Risk Officer at CME Group in 2025?

Vijay Albuquerque has been appointed as the new Chief Risk Officer at CME Group's Clearing & Post-Trade Services Division in 2025.

What was Vijay Albuquerque's previous role before joining CME Group?

He served as the Head of Counterparty Risk and Portfolio Risk Analytics for Citigroup's Markets and Banking businesses.

What are CME Group's main business activities?

CME Group operates the world's leading derivatives marketplace, offering futures, options, cash and OTC markets trading, portfolio optimization, and data analysis services.

Who does the new CME Group CRO report to?

Vijay Albuquerque reports to Suzanne Sprague, CME Group Chief Operating Officer and Global Head of Clearing.