Trending...
- Haven Media Solutions Offers Web Design and PPC Services in Atlanta GA
- Data Tiles Strengthens U.S. Presence with Chief Revenue Officer John Goode
- A Seat for Everyone: Naperville Comes Together
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
- MB Portable Calisthenics Waterbag Delivers Portable, Adjustable Resistance Training for Active Lifestyles
- Innovative Truck Bed Slidable Storage System Improves Cargo Accessibility
- Litera Announces New Cloud AI Automation to Boost Security for Law Firm Communications
- Century Fasteners Corp. Exhibiting at 2026 Farnborough International Airshow
- Compton to host first Juneteenth celebration with We Are Us Festival
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
- Inkdnylon Expands Private Company Stores for Uniforms, Swag, Promotional Products, and Wholesale Brand Access
- DuoKey Launches Quantum Risk Score to Help Enterprises Prioritise Post-Quantum Cryptography Migration
- Top 5 Most Reliable Used Vans in the UK in 2026
- Dominican Fashion Designer Raiza Bonaparte presents the Sovereign Despampanante Collection at the Library of Congress
- What Happens When Congress Says No? New Book Examines the Boland Amendments, Iran-Contra Affair & Jamaican Posse, as US Congress Debate Over Military
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
- Inframark–Slater Joint Venture Selected to Manage Fulton County Wastewater Operations
- Cancun International Airport Reports Strong Start to Summer 2026 Travel Season
- Freedomtech Solutions Launches the World's First Pre‑Installed Agentic AI Server — Instant, Sovereign, Infrastructure‑Native Intelligence
- GitKraken Introduces Code Flow, a Framework for Software Development in the Agentic Era
- Texas Family Physician Dr Janet Hurley Exposes the Unseen Spiritual Battle Sabotaging Patient Health
- RIGHT CARS Announces Landmark African Expansion Through Strategic Collaboration Agreement Across Eight Nations
- Naperville: Plainfield Man Charged with Hate Crime for Allegedly Yelling Racial Slur at Nine-Year-Old Boy
- Boston Industrial Solutions' Natron® 717N Series UV LED Ink Receives CPSIA Certification
- purelyIV Expands Mobile IV Therapy to Jackson, MI and Launches PlaqueX® IV Therapy
- Leimert Juneteenth Community Celebration Set for Friday, June 19, in Leimert Park Village
- UK Financial Ltd Publishes Maya Preferred Public Proof Package and CoinMarketCap Supply Verification Evidence
- WFS – Washer Flood Stop Introduces Automatic Overflow Protection for Laundry Rooms
- FrostGuard Introduces Innovative Inflatable Window Well Insulation System
- Chicago: Mayor Brandon Johnson Joins Resident Association of Greater Englewood to Break Ground on The Re-up at 59th And Racine
- Chicago: Mayor Brandon Johnson Breaks Ground on C.A.R.E. Manor, Bringing 44 Affordable Homes Designed for Multi-Generational Living to West Garfield Park
- Advancing High-Potential Nevada Critical Minerals Portfolio as Major Drill Program Nears Assay Results: Glenstar Minerals: Stock Symbol: GSTRF
- Midwest Pond Features & Landscape Urges Mid-June Pond Maintenance as Summer Algae Risk Rises
- Allstream Energy Partners to Host 6th Executive Networking After 2026 Energy Projects Conference
- CAPHRA: Australia and Thailand show nicotine prohibition fuels illicit markets
- Custom Disposables - Wholesale Packaging Solutions for restaurants, food chains, and food distributors