Business
MarketAxess Names Oliver Huggins as Global Chief Risk Officer
Former LSEG Group Risk COO to lead enterprise risk managementLONDON and NEW YORK, April 16, 2019 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq:MKTX),
About this update from Marketaxess Holdings, Inc.
[{"type":"text","content":"Former LSEG Group Risk COO to lead enterprise risk managementLONDON and NEW YORK, April 16, 2019 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq:MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced the appointment of Oliver Huggins as Global Chief Risk Officer (CRO), effective as of April 15, 2019.In his role, Mr. Huggins will manage the global enterprise risk management function at MarketAxess, reporting to Tony DeLise, Chief Financial Officer. He will also join the company's Global Management Team.\"Oliver brings a wealth of experience in developing and growing risk functions within organisations. During his time as Group Risk COO at London Stock Exchange Group, he led the design and implementation of the risk framework across the business,\" said Tony DeLise, Chief Financial Officer of MarketAxess. \"His diverse background within financial services will add tremendous value to our Risk function and to the continued development and growth of our company.\"Mr. Huggins joins MarketAxess from London Stock Exchange Group (LSEG), where he served as Chief Operating Officer, Group Risk and Head of Financial Risk. He was responsible for providing leadership to the Group Risk team, ensuring the consistent application of the risk framework across all divisions and functions. Furthermore, he was integral to the design and implementation of the Group Risk strategy, leading the activities of the risk function in respect of M&A activities and coordinating group-wide responses to pressing external events.\"This is a great opportunity for me to join an ambitious, innovative yet mature fintech company with massive growth potential,\" noted Mr. Huggins. \"Having led other teams and organizations through periods of change before, I'm excited to join MarketAxess, and to be a part of the transformation of trading in the global credit markets.\"At LSEG, Mr. Huggins held a number of positions including Chief Operating Officer for the Rates Services function. Prior to this he held a number of senior positions at large financial institutions, including: Head of Financial Risk Management at Prudential; Executive Director, Financial Institutions Group at Goldman Sachs; and Senior Vice President at JPMorg...