Trending...
- Medline, CareXM ink exclusive agreement to combat 'triage chaos' in home health, hospice
- Bond Set at $100,000 for Chicago Man Charged with Robbery at Naperville Portillo's
- Cascade Asset Management Releases its 9th Annual IT Asset Disposition Benchmarking Report
CHICAGO--(BUSINESS WIRE)--OCC, the world's largest equity derivatives clearing organization, today announced that Vishal Thakkar, currently Acting Chief Risk Officer, has been officially appointed the Chief Risk Officer (CRO), effective immediately. Thakkar is responsible for implementing OCC's risk management framework and serves on the Management Committee.
"Vishal has been key to our efforts to strengthen OCC's resiliency," said John Davidson, OCC Chief Executive Officer. "We're confident that his knowledge and expertise will ensure OCC continues to provide a strong, independent and collaborative 'second line of defense' as part of our obligations as a Systemically Important Financial Market Utility."
More on illi News
Andrej Bolkovic, OCC Chief Executive Officer-Elect, noted, "Vishal has been a collaborative partner to many in the organization and the industry during his impressive career. We are pleased he has agreed to serve as our Chief Risk Officer as we continue our focus on operational excellence and ensuring confidence in the financial markets and the broader economy."
Thakkar has nearly 20 years of industry risk management experience and previously led OCC's Enterprise Risk Management function. He has also held leadership roles at OCC in Financial Risk Management and Internal Audit.
He earned both a bachelor's degree in information systems and an MBA in entrepreneurship from DePaul University. A member of the Institute of Internal Auditors and ISACA, Thakkar has been a regular speaker at industry events. He is a Certified Information Systems Auditor and a Certified Fraud Examiner.
Craig Donohue, OCC Executive Chairman, added, "Our Board and I value Vishal's counsel, perspective and leadership and are gratified that he will serve as our organization's CRO. We look forward to continuing to work with Vishal in this well-earned role."
More on illi News
About OCC
The Options Clearing Corporation (OCC), named Risk Magazine's 2022 Clearing House of the Year, is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.
©2022. The Options Clearing Corporation. All rights reserved.
Contacts
OCC Public Relations
PublicRelations@theocc.com
"Vishal has been key to our efforts to strengthen OCC's resiliency," said John Davidson, OCC Chief Executive Officer. "We're confident that his knowledge and expertise will ensure OCC continues to provide a strong, independent and collaborative 'second line of defense' as part of our obligations as a Systemically Important Financial Market Utility."
More on illi News
- Illinois Credit Union System Delivers Checks to Area Food Pantries
- Prime MTSP Launches Managed Detection and Response to Thwart Cyberattacks
- GATX Corporation Announces Quarterly Dividend Increase
- Prairie Capital Advisors, Inc. Releases its 3rd Annual ESOP Construction Industry Survey
- The Town Of Sun Village California Makes History As The First Black Tribal Township In North America
Andrej Bolkovic, OCC Chief Executive Officer-Elect, noted, "Vishal has been a collaborative partner to many in the organization and the industry during his impressive career. We are pleased he has agreed to serve as our Chief Risk Officer as we continue our focus on operational excellence and ensuring confidence in the financial markets and the broader economy."
Thakkar has nearly 20 years of industry risk management experience and previously led OCC's Enterprise Risk Management function. He has also held leadership roles at OCC in Financial Risk Management and Internal Audit.
He earned both a bachelor's degree in information systems and an MBA in entrepreneurship from DePaul University. A member of the Institute of Internal Auditors and ISACA, Thakkar has been a regular speaker at industry events. He is a Certified Information Systems Auditor and a Certified Fraud Examiner.
Craig Donohue, OCC Executive Chairman, added, "Our Board and I value Vishal's counsel, perspective and leadership and are gratified that he will serve as our organization's CRO. We look forward to continuing to work with Vishal in this well-earned role."
More on illi News
- Flawless Torres ft. Diamonique x Sean Kingston Releases "Lets Go" on 1/27/23!
- Hyatt Announces Plans for Hyatt Regency Lahore DHA
- We're In Paris Is Sidow Sobrino's Newly Released Song and Video
- Abusive Russian to face Pro Wrestling Legend!
- Jim Wilson, Top Notch Realtor in waterfront and beach properties in Redington, Redington Shores, and North Redington Beach, FLorida
About OCC
The Options Clearing Corporation (OCC), named Risk Magazine's 2022 Clearing House of the Year, is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.
©2022. The Options Clearing Corporation. All rights reserved.
Contacts
OCC Public Relations
PublicRelations@theocc.com
Filed Under: Business
0 Comments
Latest on illi News
- Yida Gao, Shima Capital Recognized for Prolific Deal Activity
- CDW to Announce Fourth Quarter and Full Year 2022 Results on February 8
- Less Than Two in 10 Job Seekers Rate Their Recent Recruitment Process Experience as Excellent
- Southern California Real Estate Agent Promotes Homes To MORE Buyers For MORE Money
- Can Massage Therapy Be an Effective Treatment for Long Haul COVID?
- Bond Set at $100,000 for Chicago Man Charged with Robbery at Naperville Portillo's
- Certified Financial Planner® Chad Lewis Elevated to Partner at 1893 Wealth Management
- Cushman & Wakefield to Release Fourth Quarter 2022 Earnings on February 23
- City Of Chicago, Chicago Housing Authority, and Related Midwest Break Ground on Next Phase at Roosevelt Square
- Auto Body Shop Shares Expert Opinions on Paintless Dent Repair
- Keystone Capital Welcomes Todd Lanscioni
- Medline, CareXM ink exclusive agreement to combat 'triage chaos' in home health, hospice
- STS Capital Partners Announces Sean Friday as New Chief Executive Officer
- Naperville: Fire in the 1600 Block of Mulligan Drive
- Federal Consulting Expert and STEM Educator Hosts Federal Consulting Webinar
- Wynnchurch Capital Invests in FloWorks
- AVTECH Software Acquires Long Time United Kingdom Partner OPENXTRA
- The Unbound Collection by Hyatt Brand to Expand in Japan With Plans for Hotel Toranomon Hills
- Discover Financial Services to Present at Credit Suisse Financial Services Forum
- Pressure Washing Chicago Now Accepting Spring Appointments