Clear Street Appoints Atul Pawar as Chief Risk Officer

Key Highlights:

  • Atul Pawar joins Clear Street as Chief Risk Officer in July.

  • Pawar has over 20 years of experience at Goldman Sachs.

  • Clear Street continues its mission to modernize the brokerage ecosystem.

  • Pawar to oversee risk management across Institutional and Active divisions.

Source (Business Wire)

Notable Quotes:

"Clear Street is challenging the status-quo by building a modern, cutting-edge, centralized technology platform unlike any other available on the street. I look forward to contributing to the Company's expansion plans and continued success."

Atul Pawar, Chief Risk Officer at Clear Street

"We are very pleased to welcome Atul to Clear Street’s leadership team. Risk management is the most important part of our value proposition and was the crux of why we founded this business six years ago. Atul’s proven experience and veteran status at a premier competitor speaks to our increasing presence and forward growth trajectory in the industry. We're excited to welcome him to our world-class team as we continue to bring our clients compelling and tech-forward products and services."

Chris Pento, CEO and Co-Founder at Clear Street

Our Take:

The appointment of Atul Pawar as Chief Risk Officer marks a significant milestone for Clear Street, reinforcing its commitment to robust risk management and innovative growth. Pawar's extensive experience at Goldman Sachs, particularly in prime brokerage, clearing, and risk management, positions him as a valuable asset for Clear Street. His expertise will be instrumental as Clear Street continues to disrupt the financial services industry with its cutting-edge, cloud-native platform. This move is a clear indication of Clear Street's dedication to expanding its leadership team with top-tier talent to support its ambitious growth and technological advancement goals.