Tradeweb Markets Inc (NASDAQ:TW), a global operator of electronic marketplaces for rates, credit, equities and money markets, today announced the appointment of Balbir Bakhshi to the company’s Board of Directors. The appointment is effective July 1, 2021. He succeeds Brian West, who will be stepping down from the Tradeweb board.

Mr. Bakhshi is Chief Risk Officer, London Stock Exchange Group plc (LSEG) and a member of the Group’s executive committee. Prior to joining LSEG in January 2021, he was Group Head of Non-Financial Risk Management at Deutsche Bank. Prior to this, Mr. Bakhshi was Global Head of Operational Risk Management at Credit Suisse and previously held a variety of senior roles at Credit Suisse including UK Investment Banking Chief Risk Officer and Head of Market Risk.

Martin Brand, Chairman of the Board, Tradeweb Markets, said:

“Balbir Bakhshi brings to the board a deep and impressive background in leadership, operations and risk management. His experience and profound knowledge in these areas will be a valuable addition to the Tradeweb board.”

Lee Olesky, CEO, Tradeweb Markets, said:

“Balbir brings an enterprise perspective shaped by a wide range of risk management roles. As we continue to grow and broaden our reach, this perspective will be vital to our board and management team. We would also like to thank Brian West for bringing his insight to the board over the last 2 plus years during a period of formidable growth and change for our company.”