OCC appoints Chris Isaacson
17 January 2019 Chicago
Image: Shutterstock
OCC has appointed Chris Isaacson, executive vice president, COO at Cboe Global Markets, Inc., has joined OCC’s board of directors as an exchange director.
Isaacson replaces Edward Tilly, chairman, chief executive officer and president of Cboe Global Markets, who resigned from OCC’s board earlier this month.
At Cboe, Isaacson is responsible for running the day-to-day operations of the company, including oversight of all technology and operations, risk and information security.
Additionally, he is responsible for the trade desk, infrastructure, data and analytics, and foreign exchange operations.
Craig Donohue, OCC executive chairman and CEO, said: “OCC works diligently in its role as a systemically important financial market utility to clear the path for investors by ensuring confidence in financial markets and the broader economy.”
“Adding Isaacson to our board of directors supports OCC’s continued resiliency, innovation and growth as an industry leader as we work to provide high-quality, efficient clearing, settlement and risk management services to market participants.”
He added: “Throughout his many years of service on the OCC board of directors, Edward Tilly provided sound guidance and thought leadership to the board as a whole, and more specifically, through his work on various board committees, including becoming the first exchange director on the risk committee. On behalf of the board and management team, I thank Tilly for his efforts on behalf of OCC.”
Isaacson replaces Edward Tilly, chairman, chief executive officer and president of Cboe Global Markets, who resigned from OCC’s board earlier this month.
At Cboe, Isaacson is responsible for running the day-to-day operations of the company, including oversight of all technology and operations, risk and information security.
Additionally, he is responsible for the trade desk, infrastructure, data and analytics, and foreign exchange operations.
Craig Donohue, OCC executive chairman and CEO, said: “OCC works diligently in its role as a systemically important financial market utility to clear the path for investors by ensuring confidence in financial markets and the broader economy.”
“Adding Isaacson to our board of directors supports OCC’s continued resiliency, innovation and growth as an industry leader as we work to provide high-quality, efficient clearing, settlement and risk management services to market participants.”
He added: “Throughout his many years of service on the OCC board of directors, Edward Tilly provided sound guidance and thought leadership to the board as a whole, and more specifically, through his work on various board committees, including becoming the first exchange director on the risk committee. On behalf of the board and management team, I thank Tilly for his efforts on behalf of OCC.”
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