ICE recruits from JPM

Intercontinental Exchange, the operator of global exchanges and clearing houses and provider of data and listings services has recruited Hester Serafini as chief operating officer of ICE Clear US. She reports to Tom Hammond, president of ICE Clear US, and is responsible for managing the clearing house operations and interpreting and implementing regulatory changes.

She joined from JP Morgan, where she led the OTC clearing and intermediation business for credit, foreign exchange and rates derivatives in Europe, the Middle East and Africa. Before that, she was global head of credit prime brokerage and clearing for Deutsche Bank.

“These appointments support our ability to better serve our customers and to build on our growth strategy,” said Jeff Sprecher, ICE Chairman and CEO. “Dave and Hester’s deep operational and risk management backgrounds, together with industry experience will position these businesses for continued growth by strengthening the service we provide.”