-

OCC Welcomes Jefferies Executive Joseph Lewis to Board of Directors

original OCC Welcomes Joseph Lewis to its Board of Directors (Photo: Business Wire)

OCC Welcomes Joseph Lewis to its Board of Directors (Photo: Business Wire)

CHICAGO--(BUSINESS WIRE)--OCC, the world's largest equity derivatives clearing organization, today announced the appointment of Joseph Lewis, Managing Director, Co-Head of Corporate Hedging and FX Solutions at Jefferies, to its Board of Directors. Lewis brings more than 20 years of experience in interest rate and foreign exchange derivatives.

“We are pleased to welcome Joe as he brings a wealth of risk management knowledge and experience in the global derivatives market,” said Craig Donohue, OCC Executive Chairman. “He is a widely respected leader with an innovative, forward-thinking mindset, and we will greatly benefit from his counsel as we progress in our transformation efforts, while continuously working to promote stability and market integrity.”

In his current role with Jefferies, a leading investment banking and capital markets firm, Lewis oversees a global team that works with companies and private equity funds to develop and implement interest rate and foreign exchange derivative hedging strategies. Additionally, he is responsible for managing the trading and counterparty credit risk management associated with client hedging strategies.

Prior to joining Jefferies, Lewis held senior client coverage roles at Citibank, Barclays and Lehman Brothers focused on interest rate, commodity and foreign exchange derivatives. He is currently a board member of Teaching Matters, Bronx Excellence Charter Schools and New Federal Theater.

Lewis fills a vacancy left in January 2023.

About OCC

The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.

©2023. The Options Clearing Corporation. All rights reserved.

Contacts

OCC Public Relations
PublicRelations@theocc.com

Industry:

The Options Clearing Corporation

Release Summary
OCC appoints Joseph Lewis, Managing Director, Co-Head of Corporate Hedging and FX Solutions at Jefferies, to its Board of Directors.
Release Versions
English

Contacts

OCC Public Relations
PublicRelations@theocc.com

Social Media Profiles
OCC on Facebook
OCC on LinkedIn
OCC on Twitter
More News From The Options Clearing Corporation

OCC Congratulates Mike Selig on Confirmation as CFTC Chairman

CHICAGO--(BUSINESS WIRE)--OCC, the world's largest equity derivatives clearing organization, today congratulated Mike Selig on his Senate confirmation as Chairman of the U.S. Commodity Futures Trading Commission (CFTC). "On behalf of our Board of Directors, we congratulate Mike Selig on his confirmation as Chairman of the CFTC,” said Stephen Luparello, Chairman of OCC’s Board of Directors. “We look forward to continuing our collaborative engagement with the Commission in support of the markets...

OCC Welcomes State Street as First Bank Clearing Member

CHICAGO--(BUSINESS WIRE)--OCC, the world's largest equity derivatives clearing organization, today announced that State Street is the first bank to become an OCC clearing member. OCC will provide central counterparty clearing and settlement through its Stock Loan Program for State Street’s Prime Services platform, which offers integrated custody-based securities lending solutions to investors. “State Street's decision to be our first bank clearing member is a significant milestone for both OCC...

OCC Enhances Operational Efficiency with AWS GenAI Solutions

CHICAGO--(BUSINESS WIRE)--OCC, the world's largest equity derivatives clearing organization, today announced the successful implementation of AWS generative AI (GenAI) technology to streamline internal development processes and enhance operational efficiency. GenAI use has delivered significant improvements in three key areas: Code Testing: Reduced time spent documenting software tests by as much as 80%, saving individuals and teams from hours of highly manual work. Software Deployment: Streaml...
Back to Newsroom