The Options Clearing Corporation (OCC) has appointed Andrej Bolkovic as CEO-elect, succeeding John Davidson who will retire in the first half of 2023.
Bolkovic will officially join the equity derivatives clearing organisation in October 2022, where he will work closely with Davidson, as well as the board of directors and management committee, to ensure a smooth transition.
Bolkovic currently serves as CEO of proprietary trading firm Akuna Capital and its affiliated broker-dealer, Akuna Securities.
Before this, he was CEO of ABN AMRO Clearing Chicago, and spent almost nine years at ABN AMRO Clearing Bank NV in the Netherlands in a variety of roles, including global chief information officer, chief operating officer, and executive board member.
Bolkovic has also served on several boards, including the supervisory board of the European Multilateral Clearing Facility, and the board of OCC, as well as the firm’s technology and compensation and performance committees between 2017 and 2020.
Commenting on the appointment, executive chairman Craig Donohue, says: “We are pleased to welcome Andrej as our next CEO. His proven leadership skills, as well as deep technological and industry expertise, will support our core mission of promoting stability and market integrity. In addition to his exceptional qualifications, Andrej’s familiarity with our organisation and rapport with the board and management team position him well to lead OCC.”
Bolkovic adds: “It is a privilege to be appointed to lead OCC, an organisation with a vital purpose supporting markets and investors. It has been exciting to see the progress OCC has made in enhancing its resiliency and performance over the last several years.
“I look forward to working with John, OCC’s board and the management committee to continue to deliver excellence to market participants, regulators and the investing public, and to ensure the seamless transition that is required for a systemically important market utility. I also look forward to leading a team of talented OCC colleagues who share a common commitment to the critical role of OCC in supporting secure markets.”
.jpg)