Clear Street has appointed Atul Pawar as Chief Risk Officer. Pawar will join Clear Street in July, following two decades at Goldman Sachs where he was the Head of U.S. Prime, Clearing, FCM and Counterparty Risk. During his tenure at Goldman Sachs, Pawar focused on Prime Brokerage, Execution and Clearing and FCM under Global Banking and Markets division where he oversaw market and liquidity risk in portfolios across various asset classes, such as equity, commodities, fixed income credit, rates, and foreign exchange. Prior to managing the risk team, Pawar was a member of Goldman Sachs’ Strategies group, where he led the effort of building portfolio analytics and stress tests.
Adam Quinones has joined SymphonyAI as President of its newly launched Trading and Investing division. Quinones brings a unique and robust background with 20 years of experience in the financial industry, including 10 years of liquidity facilitating in global bond markets, five years of cutting-edge technology development in the Office of Innovation at a leading financial market data firm, and the founding of two successful analytics startups.
Tradeweb’s President Thomas Pluta will leave the Company and its Board of Directors, effective September 30, 2024. In the near term, the company’s U.S. institutional teams will report to Enrico Bruni, Head of Europe and Asia Business, and its wholesale and retail teams will report to CEO Billy Hult. In addition, Amy Clack will join Tradeweb in August 2024 as Chief Administrative Officer (CAO) and as a member of the Executive Committee, where she will oversee operations, business integration, risk and corporate services. With more than 25 years of experience in senior operations and strategy roles, Clack joins Tradeweb from Wells Fargo’s Corporate and Investment Banking unit, and prior to that, she served as Chief Operating Officer for Investment Banking and Capital Markets at Credit Suisse.
Nasdaq Private Market (NPM) has appointed Louis Citron as an independent board member to its Board of Managers. Most recently, Citron served as the Chief Administrative Officer and Chief Legal Officer of NEA, where he was responsible for managing legal issues as they pertained to investments, partnerships, operations, and regulatory compliance in the U.S. and abroad. He also was a senior leader in structuring and implementing new strategic initiatives at the firm.
Globacap has appointed Scott Kreitz as President and Head of Operations and to head up the firm’s new US office. Kreitz, who has over 20 years’ experience in financial markets, is joined by newly appointed US Head of Marketing, Alexandra Marciniak (ex- Goldman Sachs and Bloomberg), Head of US Business Development, Joshua Kasper, who joins from Fidelity Investments and Head of Customer Success US, Carly Ferris, formerly of Z-Squared Securities.
MFA has announced Ron Alquist as Managing Director, Research. Alquist is based in New York and will build and lead MFA’s research function to educate the public, advance policy discussions, and inform MFA’s global advocacy. He most recently served as a Principal Economist and Senior Policy Advisor for the Financial Stability Oversight Council at the U.S. Department of Treasury, leading several policy projects examining potential risks to the U.S. financial system.
S&P Global has announced that its Board of Directors has unanimously elected Martina L. Cheung, S&P Global’s current President of S&P Global Ratings, to succeed Douglas L. Peterson as the Company’s President and Chief Executive Officer, effective November 1, 2024. Additionally, Cheung has been appointed as a member of the Board, effective July 1, 2024. Peterson will remain on the Board until May 2025 and be a special advisor to the Company until December 31, 2025. Cheung has held multiple leadership roles in her 14 years at S&P Global. She currently leads S&P Global Ratings.
The Board of Directors of The Goldman Sachs Group has appointed John B. Hess as an independent director of the Board, effective June 24, 2024. Mr. Hess will also become a member of each of the Board’s Compensation, Governance and Risk Committees.
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