Nasdaq Inc. (NDAQ) wants its European markets to be an engine for growth and innovation after announcing on Thursday the appointment of Roland Chai as president of the region. Chai will serve as the President of European Market Services. He will be responsible for managing Nasdaq’s multi-asset trading services in respective stock exchanges in Sweden, Denmark, Finland and numerous other countries.
Nasdaq appoint Roland Chai as President of European Market Services
Chai said it was an “honour” to make the step up after three years at Nasdaq. He joined the company in 2020 as Chief Risk Officer before heading up the company’s Marketplace Technology Business. Chai’s burnished his reputation in both of those roles and has now been selected to spearhead Nasdaq’s European operations.
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In a statement, Nasdaq noted that Chai possesses many hard and soft skills that will enable him to excel in the role. This includes experience and expertise in trading, risk management and multiple asset classes. Chai expressed that the northern European markets have been a “vibrant growth engine” for Nasdaq in recent years, and as the company continues its modernisation drive, the region is seen as key to its long-term success.
Roland Chai Source: Nasdaq Inc.
Chai added:
I am honoured to be working with an incredible team to continue building upon our technology leadership and marketplace excellence. Nasdaq is also leading the development in sustainability and climate investment.
Chai will take on the role of President of European Market Services on 1st January 2024. In addition to leading Nasdaq’s trading operations, he will also oversee clearing, listings and market services in Lithuania, Estonia, and Iceland, among other countries.
