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For Immediate Release
June 15, 2017
ABA Media Contact: Jeff Sigmund
(202) 663-5439
Email: jsigmund@aba.com
Follow us on Twitter: @ABABankers

ABA Names New Vice President of Center for Bank Derivatives Policy

 

​WASHINGTON — Ananda Radhakrishnan has been named vice president of the American Bankers Association’s Center for Bank Derivatives Policy.  In his new role, Radhakrishnan will provide advocacy support for sensible, risk-based regulation of derivatives activity by banks of all sizes to ensure access to markets and instruments that allow financial institutions to assist their customers, as well as themselves, in managing risk.  His first day is on June 19.
 
“Ananda’s broad knowledge of how derivatives markets work and the policy basis for our current regulatory choices will be invaluable in his new role,” said Cecelia Calaby, senior vice president of ABA’s Center for Securities, Trusts and Investments.  “We look forward to drawing on his expertise as we continue to educate policymakers about what is and is not working in the new derivatives framework.”
 
 Radhakrishnan comes to ABA from the law firm Norton Rose Fulbright LLP, where he was a partner advising both U.S. and non-U.S.-based clients on matters involving U.S. commodities and derivatives laws and regulations, including the derivatives reforms under the Dodd-Frank Act. 
 
Prior to that time, Radhakrishnan spent 12 years at the Commodity Futures Trading Commission (CFTC), where he most recently led a division comprising 70 attorneys and risk analysts as director of the agency’s Division of Clearing and Risk.  In his role, he was responsible for registration and prudential supervision of domestic and foreign derivatives clearing organizations (DCOs); the oversight of the clearing of swaps, futures and options on futures; and the supervision of the CFTC’s risk surveillance program.  Radhakrishnan drafted key provisions of Dodd-Frank regulations relating to the core principles of DCOs and the statutory provision that provides for the segregation of customer funds for cleared swaps.  He also drafted  CFTC provisions implementing key parts of the financial reform law.  Prior to his time at the CFTC, he served as associate director for project management at the Chicago Mercantile Exchange.
 
Radhakrishnan holds a bachelor of laws (LLB) with honors from the National University of Singapore Law School and a master of business administration from the Kelley School of Business at Indiana Univiersity.
 
The American Bankers Association is the voice of the nation’s $17 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard $13 trillion in deposits and extend more than $9 trillion in loans.
 
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