Ms Serafini moved from her position as President and COO of ICE Clear U.S., which she had held since January 2017.
Operator of global exchanges and clearing houses and provider of data and listings services Intercontinental Exchange Inc (NYSE:ICE) today announced the appointment of Hester Serafini as President of ICE Clear Europe, ICE’s London-based clearing house.
Hester Serafini has been Interim President of ICE Clear Europe since February 2020. She moved from her position as President and COO of ICE Clear U.S., which she had held since January 2017. Kevin McClear has been appointed President of ICE Clear U.S. and moves from his current role as Chief Risk Officer at ICE.
“Since taking over as Interim President in February this year, ICE Clear Europe has safely navigated unprecedented market activity, managing risk between counterparties and demonstrating why clearing is so important to the soundness and stability of the global financial system,” said Hester Serafini. “I am excited by the opportunity to lead one of the world’s leading and most diverse clearing houses, which works every day to be a reliable and secure marketplace for global transactions.”
Ms Serafini joined ICE in March 2016 from J.P. Morgan, where she led the OTC clearing and intermediation business for credit, FX and rates derivatives in Europe, the Middle East and Africa. Prior to that, Ms Serafini was global head of credit prime brokerage and clearing for Deutsche Bank.
Ms Serafini started her career in finance at Goldman Sachs where she held several positions, including Chief Risk Officer of the Equities Division, Chief Risk Officer of Fixed Income Prime Brokerage and U.S. Head of the Structured Equity-Linked Notes business. At Goldman Sachs, she was a member of the firm-wide and equities risk committees, as well as the global compliance and control committee.
Hester Serafini holds a PhD in Mathematics from the Courant Institute at New York University and a Masters in Applied Mathematics from Delft University of Technology in the Netherlands. As a Dutch and Italian native who grew up in Luxembourg, Serafini speaks French, German, Italian, Dutch and English.