What Risk Managers from NASDAQ and Options Clearing Corp Learned From the Covid-19 Crisis: Perspectives on Resilience and Challenges During the Pandemic

Roland Chai is Nasdaq’s first Global Chief Risk Officer. Roland, who is based in Stockholm, is responsible for developing, reviewing and maintaining Nasdaq’s global risk program, while overseeing risk functions of Nasdaq Clearing and Nasdaq Fixed Income.

Most recently, Roland served as Head of Post-Trade at the Hong Kong Exchange, where he oversaw clearing and risk management functions across equities and fixed income, currencies and commodities, as well as the exchange’s market surveillance. He previously served as Group Risk Officer at Hong Kong Exchange. Roland also served on the Board of LME Clear. Prior to joining the Hong Kong Exchange, Roland served as Head of Equities at LCH.Clearnet Ltd and as Product Development Manager at Australian Securities Exchange.

John Fennell is Executive Vice President and Chief Risk Officer of OCC, the world's largest equity derivatives clearing organization.

Mr. Fennell is responsible for implementing OCC's Risk Management Strategy. He also oversees OCC's Model Validation and Enterprise Risk Management departments, along with Security Services, Business Continuity and Disaster Recovery, and Vendor Risk Management.