FINRA Taps Citigroup Exec as CIO

Steven J. Randich was named executive vice president and chief information officer (CIO) by the Financial Industry Regulatory Authority (FINRA).

Randich, currently Citigroup’s co-chief CIO, will oversee technology at FINRA, as well as the organization’s registration and disclosure division. He brings to FINRA an extensive background of market, technology and operations experience. He has been with Citigroup for seven years, most recently as co-chief information officer of Citigroup and global head of technology and CIO for Citi’s institutional clients group.

Before joining Citigroup, Randich was executive vice president of operations and technology, and chief information officer of NASDAQ. He had previously served as executive vice president and chief information officer for the Chicago Stock Exchange.

He begins at FINRA on March 11 and will report directly to Richard Ketchum, FINRA’s chairman and chief executive.

“Throughout his career, Steve has combined superb leadership and technological skills with strong market and industry knowledge to earn a terrific reputation for working with business clients to identify and respond to priority technology issues,” Ketchum said. “These strengths make Steve ideally qualified to lead our technology team on our many important initiatives—including the continued rollout of the new exam technology platform, enhancements to CRD/BrokerCheck and development of FINRA’s response to the consolidated audit trail (CAT) request for proposal.”

Randich holds a bachelor’s degree in computer science from Northern Illinois University and a master’s degree in business administration from the University of Chicago.