Equity derivatives clearing organization OCC today announced three new members of its Board of Directors: Michael Blaugrund, Chief Operating Officer at the New York Stock Exchange (NYSE); Boudewijn Duinstra, Chief Executive Officer at ABN AMRO Clearing USA; and Stephen Luparello, Former Financial Executive.

Blaugrund is Chief Operating Officer of the NYSE, part of Intercontinental Exchange (ICE). He is responsible for the NYSE Group’s five equity and two options markets as well as the Securities Industry Automation Corporation (SIAC). Before joining the NYSE in 2016, Blaugrund was Director of Business Development at Tower Research Capital, where he focused on expanding the firm’s global market access and developing strategic assets.

Duinstra is Chief Executive Officer of ABN AMRO Clearing USA. Before joining the firm in 2021, he was the Head of Risk Management for ICE Clear Europe in London. From 2003 to 2017, Duinstra worked for ABN AMRO in several capacities, most recently as the Global CRO and Managing Board member at ABN AMRO Clearing Bank from 2013 to 2017. Prior to that, he held various senior leadership positions within ABN AMRO Clearing, including the CRO role for ABN AMRO Clearing USA from 2007 until 2011.

Luparello previously served as Managing Director and General Counsel for Citadel Securities from 2017 until he retired in 2022. From 2014 to 2017, Luparello was the Director of the Division of Trading and Markets for the SEC. Prior to that, he was a partner at the law firm of WilmerHale, specializing in broker-dealer compliance and regulation, securities litigation and enforcement. Luparello joined WilmerHale after 16 years with the Financial Industry Regulatory Authority (FINRA) and its predecessor, the National Association of Securities Dealers, ending as Vice Chairman of FINRA.

Blaugrund, Duinstra and Luparello fill vacancies left in 2023.