CME Group names Paul Woolman new Global Heads of Equity Index Products
International derivatives marketplace CME Group has announced the appointment of two new global heads for its Equity Index and Cryptocurrency businesses to continue driving product innovation and supporting long-term growth.
Paul Woolman, Global Head of Equity Index Products, will oversee the company’s Equity Index product portfolio, while Giovanni Vicioso, Global Head of Cryptocurrency Products, will assume responsibility for the company’s Cryptocurrency products. Woolman and Vicioso will report to Tim McCourt, who previously led both business lines and was recently named to the CME Group management team as Global Head of Equity and FX Products.
“Our equity and cryptocurrency businesses have experienced tremendous growth in recent years, underpinned by strong customer adoption and continued innovation,” said McCourt. “In their expanded roles, Paul and Gio will continue to meet the needs of our clients by providing products and services to manage risk in today’s ever-changing marketplace.”
Woolman has worked in equity derivatives for more than 20 years. He joined CME Group in 2016 as Senior Director, Head of EMEA Equity Products and Alternative Investments. Prior to CME Group, Woolman served as a Delta One Equity Derivatives Trading Director at Bank of America Merrill Lynch for 11 years, where he managed exposure across futures, ETFs, swaps, and structured products, as well as cash equities and FX. He holds a bachelor’s degree in geography from the University of Bristol and an MBA from London Business School.
Vicioso, with nearly 30 years of financial markets experience, joined CME Group in 2012 as Senior Director of Equity Products, in which he also began his involvement in CME Group’s Cryptocurrency business. Prior to CME Group, he served as Vice President for RBC Capital Markets’ Equity Derivatives Group on their OTC Equity Derivatives desk. Prior to RBC, he worked at Deutsche Bank in the Global Equity Derivatives Division. Vicioso holds a bachelor’s degree in mechanical engineering from Rutgers University and an MBA from Columbia Business School.
This new reorganization comes amid a strong surge in growth from CME Group’s Equity Index and Cryptocurrency business lines.