John P. Davidson is the Chief Executive Officer at OCC, the world’s largest equity derivatives clearing organization.
As CEO, Mr. Davidson reports to the OCC Board of Directors,and has oversight responsibilities for OCC’s information technology, financial risk management, corporate risk management, legal and compliance functions. He joined OCC in 2017 as President and Chief Operating Officer, where he was responsible for OCC’s technology and operations functions. He became CEO in 2019.
Mr. Davidson has over 35 years of experience in the global financial industry. Prior to joining OCC, he served as Chief Compliance Officer at Citigroup. In that role, he led the global 2,400-person, 87 country compliance organization responsible for proactively identifying, evaluating, mitigating and reporting on compliance, conduct, regulatory and reputation risks across the institution. Previously he served as Citi’s Risk Division’s Chief Administrative Officer, helping rebuild the risk function during the financial crisis, and subsequently as Head of Enterprise Risk Management, where he was responsible for managing Citi’s operational risk across businesses and geographies.
Before his tenure at Citi, Davidson spent two years as Chief Business Development Officer at CME Group, a global exchange holding company. He spent 12 years at Morgan Stanley, serving as Managing Director for its Institutional Operations Division. He rebuilt the firm’s global institutional processing system and opened new processing centers on four continents, away from major financial centers. Early in his career, Mr.Davidson worked for 10 years as head of the CME Clearing House, successfully guiding it through the 1987 stock market crash and leading the initiatives to substantially enhance its financial safeguards based on lessons from that period. Among other accomplishments, he was instrumental in developing and implementing the Standardized Portfolio Analysis of Risk (CME SPAN®) margining system as well as the Globex® Control Center.
Davidson earned an MBA in financial management and international business from the University of Chicago and graduated withhighest distinction from the University of Illinois-Urbana with a bachelor’s degree in political science.