- CME Group appoints Vijay Albuquerque as the new Chief Risk Officer (CRO) for its Clearing & Post-Trade Services Division.
- Albuquerque brings over 20 years of industry experience from his previous role at Citigroup.
- The appointment aims to enhance CME Group's risk management services and client clearing efficiencies.
CME Group, recognized as the leading derivatives marketplace globally, has announced the appointment of Vijay Albuquerque as Chief Risk Officer (CRO) within its Clearing & Post-Trade Services Division. Albuquerque, who boasts over two decades of experience in the financial sector, previously held the position of Head of Counterparty Risk and Portfolio Risk Analytics at Citigroup's Markets and Banking divisions.
Based in New York, Albuquerque will report directly to Suzanne Sprague, CME Group's Chief Operating Officer and Global Head of Clearing. This strategic appointment is part of CME Group's ongoing commitment to bolster its risk management services and improve clearing efficiencies for its clients.
Suzanne Sprague commented, "Vijay's profound expertise in both derivatives and securities markets will be invaluable as we continue to deliver leading risk management services to our clients. We are eager to see the significant contributions he will bring as we work to continuously enhance the clearing efficiencies we provide to the marketplace."
CME Group (CME, Financial) facilitates trading across various markets, offering futures, options, cash, and OTC market access, enabling market participants to optimize portfolios and analyze data effectively. The company's exchanges provide the widest range of global benchmark products across major asset classes, including interest rates, equity indexes, foreign exchange, energy, agricultural products, and metals.
