Nasdaq names Roland Chai President of European Market Companies

Nasdaq (NASDAQ:NDAQ) at the moment introduced the appointment of Roland Chai as President of European Market Companies, efficient 1 January 2024.

On this function, he’ll lead Nasdaq´s multi-asset buying and selling, clearing, listings, and market companies companies throughout Europe, together with Sweden, Denmark, Finland, Iceland, Estonia, Latvia, and Lithuania inventory exchanges.

“Our European Market Service is a vibrant progress engine for northern European markets and performs a key function in advancing our core mission to modernize markets,” stated Roland Chai, incoming President of European Market Companies. “I’m honored to be working with an unimaginable group to proceed constructing upon our expertise management and market excellence. Nasdaq can also be main the event in sustainability and local weather funding.”

Roland Chai has intensive expertise in expertise, danger administration, buying and selling, and post-trade throughout a number of asset courses, in addition to deep relationship with funding communities and regulators globally.

Becoming a member of Nasdaq in 2020, he served as Chief Threat Officer and led the event and evaluate of Nasdaq’s international danger program. Since 2022, Mr Chai has lead Nasdaq’s Market Expertise enterprise, which includes purpose-built expertise options that assist improve efficiency, resilience, and belief of the monetary ecosystem. It is among the world’s largest market infrastructure expertise suppliers, serving greater than 130 marketplaces, CCPs, CSDs and regulators in over 50 international locations.

Previous to becoming a member of Nasdaq, he served as Head of Publish-Commerce and Group Threat Officer at Hong Kong Trade, Head of Equities at LCH Ltd and started his profession in software program improvement.

Roland Chai will proceed to be based mostly in Stockholm and report into Tal Cohen, Co-President, Nasdaq.