CME Group Vijay Albuquerque was appointed as a new risk official (CRO) for the clearing and post -trade department, the company announced on Wednesday.
Bocker has More than two decades of industry experience, with a strong background in risk management.
Recently, as head of the opposite party risks and the risk of the portfolio of Citigroup markets and banking companies.
In his new position, his headquarters will be in New York in New York and a report to Susan Sprag, the chief operational officer of the CME group and the head of the global clearing.
“The deep experience of Vijay in each of the derivatives and stock markets will be invaluable as we continue to provide the leading risk management services to our customers,” said Sprgue.
“We look forward to the great contribution that we will present and we are working to enhance the clearing competencies that we offer to the market constantly.”
CME Clearing works as central parties for daily transactions, as a buyer for each seller and seller for every buyer.
As CRO, the Bokirk will be responsible for overseeing the risk framework and ensuring the continued operation of the CME PLACHING with strong and transparent risk management practices.