back Back

Cboe appoints Vikesh Patel as President of Cboe Clear Europe

By Gloria Methri

December 27, 2022

  • Cboe Clear Europe
  • Cboe Global Markets
  • Clearing
Share

Cboe Global Markets has announced the appointment of Vikesh Patel as President of Cboe Clear Europe, its leading pan-European clearing house. Patel will join the company in early 2023 to replace Cécile Nagel, who stepped down from the role in September this year.

Patel has over 15 years of experience in financial market infrastructure and is joining from SWIFT, where he was most recently Head of Securities with responsibility for leading its securities strategy globally.

Prior to joining SWIFT in 2017, Patel was a chief operating officer at LCH, focusing on strategy, risk management, and the development of new products for the clearing organisation’s EquityClear and RepoClear businesses. He has also served in global executive roles at Goldman Sachs and Morgan Stanley, with a primary focus on market infrastructure and post-trade strategy.

Patel began his career at HM Treasury working on a range of domestic and international policy areas and served as a Private Secretary to both the Financial Secretary to the Treasury and Economic Secretary to the Treasury.

Natan Tiefenbrun, President, Cboe Europe, said, “We are delighted to have Vikesh lead Cboe Clear Europe. He has a long and impressive track record in the securities post-trade industry, both in Europe and globally. We are excited to be able to leverage his expertise to support Cboe Clear Europe’s strategic growth and further enhance its position as the leading pan-European clearing house.”

Vikesh Patel added, “I am honoured to be appointed as the next President of Cboe Clear Europe. Having been a client, partner, and competitor of Cboe Clear Europe for many years, I am well aware of the company’s strong reputation, in particular for its outstanding levels of client service, innovation, and risk management expertise. The company is at an exciting time in its development, and I am looking forward to leading it into its next phase of growth.”

Cboe Clear Europe operates as an independent subsidiary of the Cboe group, retaining a separate governance structure and management team.

Previous Article

December 27, 2022

FAB, Magnati, and PayRow Net partner to create payment solution for Dubai’s Ports

Read More
Next Article

December 27, 2022

What financial innovation strategies is RBI employing to support FinTechs?

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

4 FinTechs powering seamless cross-border payments in Saudi Arabia

Read More

Today

The Monday Roundup: what we are watching this week | Nov 11th

Read More

Today

NatWest joins forces with Capco for smooth transition to ISO 20022

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q3 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More