Cboe World Markets, supplier of worldwide market infrastructure and tradable merchandise, has appointed Vikesh Patel, Head of Securities Technique at SWIFT, as the brand new President of Cboe Clear Europe. Patel will tackle the position of main the pan-European clearing home in early 2023, Cboe stated in an announcement launched on Wednesday.
Patel, who boasts of over 15 years of labor expertise within the monetary infrastructure market, replaces Cécile Nagel who resigned from the position earlier in September. Since Nagel’s resignation, Arnoud Siegmann, Cboe’s Chief Working Officer, has been serving as Cboe clear Europe’s Interim President.
Talking on Patel’s appointment, Natan Tiefenbrun, President of Cboe Europe, described the SWIFT govt’s expertise within the securities post-trade trade as “lengthy and spectacular”.
“We’re excited to have the ability to leverage his experience to help Cboe Clear Europe’s strategic development and additional improve its place because the main pan-European clearing home,” Tiefenbrun famous.
For his half, Patel famous that was keen to guide Cboe Clear Europe “into its subsequent section of development.”
“I’m honored to be appointed as the following President of Cboe Clear Europe. Having been a consumer, associate, and competitor of Cboe Clear Europe over a few years, I’m properly conscious of the corporate’s sturdy popularity, specifically for its excellent ranges of consumer service, innovation, and threat administration experience,” Patel defined.
Patel’s Profession Trajectory
In a profession spanning over a decade and a half, Patel labored for various prime monetary trade corporations together with Goldman Sachs and Morgan Stanley. He joined SWIFT in September 2017 from LCH, a post-trade enterprise owned by the London Inventory Change Group. Throughout this over 5 years keep at SWIFT, he headed the worldwide monetary messaging supplier’s operations within the UK, Eire, Nordics, and the Americas at numerous instances.
Patel spent 4 years and 5 months at LCH, first serving because the Director and Compliance Advisor for Repurchases and Exchanges and later as Chief Working Officer of EquityClear and RepoClear.
At Goldman Sachs, he was the Govt Director and World Head of Market Infrastructure between January 2011 and April 2013. Earlier, he served because the Vice President of Market infrastructure at Morgan Stanley for over 4 years.
In the meantime, he labored for Her Majesty’s Treasury between September 2002 and September 2004, first as Coverage Advisor and later as Assistant Non-public Secretary to the Monetary Secretary of the Treasury.
Cboe World Markets, supplier of worldwide market infrastructure and tradable merchandise, has appointed Vikesh Patel, Head of Securities Technique at SWIFT, as the brand new President of Cboe Clear Europe. Patel will tackle the position of main the pan-European clearing home in early 2023, Cboe stated in an announcement launched on Wednesday.
Patel, who boasts of over 15 years of labor expertise within the monetary infrastructure market, replaces Cécile Nagel who resigned from the position earlier in September. Since Nagel’s resignation, Arnoud Siegmann, Cboe’s Chief Working Officer, has been serving as Cboe clear Europe’s Interim President.
Talking on Patel’s appointment, Natan Tiefenbrun, President of Cboe Europe, described the SWIFT govt’s expertise within the securities post-trade trade as “lengthy and spectacular”.
“We’re excited to have the ability to leverage his experience to help Cboe Clear Europe’s strategic development and additional improve its place because the main pan-European clearing home,” Tiefenbrun famous.
For his half, Patel famous that was keen to guide Cboe Clear Europe “into its subsequent section of development.”
“I’m honored to be appointed as the following President of Cboe Clear Europe. Having been a consumer, associate, and competitor of Cboe Clear Europe over a few years, I’m properly conscious of the corporate’s sturdy popularity, specifically for its excellent ranges of consumer service, innovation, and threat administration experience,” Patel defined.
Patel’s Profession Trajectory
In a profession spanning over a decade and a half, Patel labored for various prime monetary trade corporations together with Goldman Sachs and Morgan Stanley. He joined SWIFT in September 2017 from LCH, a post-trade enterprise owned by the London Inventory Change Group. Throughout this over 5 years keep at SWIFT, he headed the worldwide monetary messaging supplier’s operations within the UK, Eire, Nordics, and the Americas at numerous instances.
Patel spent 4 years and 5 months at LCH, first serving because the Director and Compliance Advisor for Repurchases and Exchanges and later as Chief Working Officer of EquityClear and RepoClear.
At Goldman Sachs, he was the Govt Director and World Head of Market Infrastructure between January 2011 and April 2013. Earlier, he served because the Vice President of Market infrastructure at Morgan Stanley for over 4 years.
In the meantime, he labored for Her Majesty’s Treasury between September 2002 and September 2004, first as Coverage Advisor and later as Assistant Non-public Secretary to the Monetary Secretary of the Treasury.
