Cboe Global Markets Appoints Boudewijn Duinstra as Chief Risk Officer to Enhance Management Framework

Cboe Global Markets, Inc. has announced the planned hiring of Boudewijn Duinstra as Executive Vice President and Chief Risk Officer, a strategic move aimed at bolstering the company's risk management framework and operational resilience.

A Strategic Appointment for Risk Management

Boudewijn Duinstra brings over 30 years of experience in risk management, clearing, and derivatives markets. Notably, he has held leadership roles at significant financial institutions, including being the CEO of ABN AMRO Clearing USA LLC and previously serving as Head of Risk Management at ICE Clear Europe.

Craig Donohue, CEO of Cboe, emphasizes that Duinstra's expertise will be vital as the company scales its global capabilities, particularly in derivatives and clearing. Working from Cboe’s global headquarters in Chicago, he will also engage in operations in Amsterdam, reinforcing the company's presence in vital international markets.

Commitment to Resilience and Risk Discipline

Duinstra's appointment is a part of Cboe's broader commitment to maintaining resilience and risk discipline in its interconnected markets. This move aligns with Cboe's historical role as an innovator in equity and index derivatives since launching the world’s first listed options exchange in 1973.

Building on Legacy in Global Markets

Cboe Global Markets, recognized for shaping how investors manage risk globally, continues to enhance its operational frameworks. The hiring of Duinstra is anticipated to support Cboe's goal of evolving its risk management practices in alignment with growing market complexities.

This strategic development underscores Cboe's dedication to fostering stable and reliable trading environments amidst the ever-evolving landscape of financial markets.