Intercontinental Change, Inc. (NYSE:ICE) introduced as we speak that Christopher Edmonds, at the moment ICE’s Chief Growth Officer, will succeed Amanda Hindlian to guide ICE’s Mounted Revenue and Knowledge Providers (FIDS) enterprise section, a place that may transfer to ICE’s Atlanta headquarters.
The FIDS section, ICE’s second largest, earned $546 million in income in Q2 2023 and $2.1 billion in income for the complete 12 months 2022.
Edmonds has held a number of pivotal roles at ICE since becoming a member of the agency in 2010. He oversaw the corporate’s Credit score Default Swap (CDS) clearing service throughout implementation of the Dodd-Frank Act, together with its designation by the federal government as a “systemically vital monetary market utility.” From 2013 to 2019, Edmonds led ICE’s product gross sales groups within the areas of fastened revenue, commodities, and monetary futures.
And, since 2019, he has overseen ICE’s Clearing and Threat groups supporting the corporate’s six derivatives clearing organizations (DCOs).
An Alabama native, Edmonds graduated from the College of Alabama at Birmingham.
Primarily based in Chicago throughout his first 13 years at ICE, Edmonds will relocate to Atlanta, becoming a member of a rising presence of ICE’s Mounted Revenue and Knowledge Providers groups.
As Edmonds assumes his new function, Elizabeth King, at the moment ICE’s Chief Regulatory Officer and President of its Sustainable Finance enterprise, will add the management of ICE’s six clearinghouses world wide and its international threat administration group, each a part of Edmonds’ prior portfolio on the agency.
King joined ICE in 2014 following ICE’s acquisition of the NYSE, the place she served as NYSE’s Common Counsel and Company Secretary till 2022. Previous to ICE, King served as Deputy Common Counsel and International Head of Authorities & Regulatory Affairs at KCG Holdings, Inc. Earlier than becoming a member of KCG, King held the place of Affiliate Director, Division of Buying and selling and Markets on the U.S. Securities and Change Fee.
King holds a J.D. from the College of Pennsylvania and an A.B. from Duke College.
Of their expanded roles, Edmonds and King will proceed to report on to Sprecher. As a part of the transition, the ICE Sustainable Finance group that King established during the last two years will now report back to Edmonds.
Each appointments take impact as of January 1, 2024.