OCC has bolstered its team with the appointment of Janet Angstadt as executive vice president and general counsel as well as three new senior leaders including a new general counsel.
Angstadt will be responsible for the strategic direction of OCC’s legal programmes with a focus on compliance and regulatory requirements.
She will also be a member of OCC’s management committee and will report to John Davidson, CEO.
Meanwhile, Saqib Jamshed has been named senior vice president, model risk governance where he will be responsible for enhancing OCC’s model risk management programme.
In his new role, he will report to John Fennell, OCC executive vice president and chief risk officer.
Pat Hickey has been named senior vice president, product and business development where he will be responsible for the products and services delivered to OCC’s exchange partners and clearing firms.
Additionally, he will run competitive analyses to identify opportunities and threats within OCC’s product and business ecosystems. He will report to Scott Warren, COO.
Sandeep Maira has been named first vice president, head of risk solution delivery and support where he will report to Tom Dwyer, OCC’s senior vice president of strategic systems.
He will maintain OCC’s custom-built software and ensure OCC’s IT solutions align with its business objectives and drive OCC’s transition to cloud computing.
Commenting on the appointments, Davidson said: “We are very pleased to bring these talented individuals on board. These appointments demonstrate OCC’s continued ability to attract the best talent as we work to stay ahead of risk, foster innovation and lead the US equity options industry in developing further efficiencies and growth.”
Warren added: “As a Systemically Important Financial Market Utility, OCC works to ensure confidence in the financial markets and the broader economy."
“These additions to OCC’s management team will help us sustain our resiliency, enhance our operations, and help us continue to develop innovative technology solutions to better serve the users of the equity options markets."
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