The FINANCIAL -- Intercontinental Exchange on May 24 announced Mayur Kapani has been promoted to Chief Technology Officer (CTO) for the company.
As CTO, Kapani oversees ICE’s global technology infrastructure, which includes ICE futures exchanges and clearing houses, and will provide guidance for technology at the New York Stock Exchange and Interactive Data. He reports to Chuck Vice, ICE President and Chief Operating Officer. Kapani joined ICE in 2006, serving most recently as Senior Vice President of Trading Technology, according to Intercontinental Exchange.
“During the past decade, Mayur has played a key role in helping ensure our technology infrastructure is scalable, secure and among the most reliable in the financial industry,” said Jeffrey C. Sprecher, Chairman and CEO of ICE. “As we’ve grown from a single market to a leading operator of exchanges, clearing houses and data services for customers around the world, Mayur’s expertise in technology and understanding of the financial markets remains instrumental in achieving our growth objectives.”
Kapani joined ICE from the Philadelphia Stock Exchange, where he was Vice President of options development, focused on the transition of trading from a floor-based model to a high performance electronic platform. Since joining ICE, he has headed the teams responsible for many of the company’s most critical systems, including all ICE futures and options exchanges, ICE Trade Vault trade repository, ICE Benchmark Administration and SuperDerivatives. He leads technology diligence on ICE’s acquisitions, and was recognized by Institutional Investor in the 2016 Trading Technology 40, an industry ranking of the leading technology executives in the financial markets.
He holds a Bachelors of Technology degree from the Indian Institute of Technology Kharagpur and also completed the Wharton Management Program.