Salil Donde joins Nasdaq as Executive VP of Global Information Services

Nasdaq has appointed Salil Donde as Executive Vice-President and Head of Global Information Services. In this role, he will be responsible for leading the strategic direction of the business while managing the success and growth of Nasdaq's current data and index products.

Donde will report directly to Adena Friedman, President of Nasdaq. He will be based in New York and will start on February 5.

"Nasdaq's Global Information Services business has always been about delivering unmatched market transparency and unique index solutions for our clients. Salil's appointment represents our unwavering commitment to innovation and client partnerships as we continue to grow and expand our index and data offerings worldwide," said Friedman.

"Nasdaq has been a pioneer in delivering high-quality indexes and data to customers, efficiently and affordably, and I am looking forward to building on this strong foundation. My goal is to broaden our reach to new clients and continue to expand Nasdaq's complementary suite of data and index products worldwide," said Donde.

Donde joins Nasdaq with extensive experience leading technology and data companies, a diverse background in the broader financial services industry, and a proven track record of transforming companies and creating value for shareholders. Most recently, he was CEO of Lewtan Technologies Inc., where, in his three-year tenure, he developed and executed a new strategy to broaden the client base, increase revenues, and consolidate product platforms. Prior to his role at Lewtan, he served as CEO of Marshall & Swift/Boeckh (MSB, a MacDonald, Dettwiler and Associates Ltd company).