Name: Tina Hasenpusch
Job title: MD Global Head Clearing Operations, Banking & Collateral Management, Clearing House
Organisation: CME Group
1. Brief description of nominee’s role and job.
Dr Tina Hasenpusch is Managing Director, Global Head of Clearing Operations, Banking & Collateral Management at CME Group and a member of the Clearing House Management Team. She is responsible for advancing the Clearing House’s global operating model and expanding its footprint across EMEA and APAC.
In her banking and collateral management capacity, she oversees the administration of the Clearing House’s cash and non-cash collateral on deposit, ensuring the safeguarding of client assets. Under her leadership, a team of more than 100 employees provides 24/7 support to clients and clearing firms, strengthening risk monitoring and operational resilience.
CME Group’s 10-year strategic partnership with Google Cloud, signed in 2021 to accelerate its move to the cloud, represents a significant transformation. Tina is driving the operational risk and resilience components of this cloud migration for Clearing House operations and collateral systems.
2. Short bio (career highlights, education, interests/hobbies).
Dr Tina Hasenpusch brings more than 20 years' experience in derivatives and central clearing. As Managing Director and Global Head of Clearing Operations, Banking & Collateral Management, she oversees global operations and risk management across OTC and exchange-traded products spanning CME Group’s asset classes.
Tina joined CME Group in 2009 and has held multiple senior Clearing House leadership roles, including CEO of CME Clearing Europe (2015–2017). Earlier, she held senior roles at Barclays Investment Bank and Eurex.
She served on ISDA’s Board of Directors from May 2020 to March 2024 and holds an MBA in Banking and Finance and a doctorate in Finance, focused on clearing research, from EBS Universität für Wirtschaft und Recht.
A recognised thought leader in clearing and post-trade services, she has authored and contributed to multiple industry publications between 2007 and 2023, bridging academic research and market practice.
3. What were your professional highlights and challenges of 2025?
2025 was a year of significant personal growth and professional fulfilment. After becoming a mother at the end of 2024, I navigated the transition back to work while embracing a new role at home.
This experience strengthened my commitment to supporting women in the workplace. As Executive Sponsor for CME Group’s Women’s Initiative Network (WIN), I championed enhanced benefits to support employees on their path to parenthood. Together with WIN, we rolled out assisted fertility support for employees in the US and UK in 2024 – a milestone of which I am particularly proud.
I am equally passionate about developing future leaders. In 2025, I sponsored seven women from the Clearing House division to participate in the 2024/25 Women in Leadership Global Expeditions programme, supporting their continued leadership development.
4. Tell us about a few of your key achievements throughout your career?
I am most proud of achievements rooted in my core values: respect for others, resilience and a positive outlook.
Building and Scaling CME Clearing Europe (CMECE) Between 2015–2017, I led the development of CMECE from initial business case to a fully operational multi-jurisdictional clearing house. We secured 15 launch clearing members, more than double the typical industry range, signalling strong market confidence. Under my leadership, we achieved 72 percent year-on-year volume growth and a 115 percent increase in open interest, while expanding the client base to more than 750 entities. I navigated Brexit and evolving regulatory frameworks, including EMIR and US DCO applications. Leading CMECE through its life cycle provided a comprehensive view of strategy and stakeholder management.
Architecting the “Follow-the-Sun” Operating Model When I joined CME Group, Clearing House operations were largely US-centric. To better serve global customers and manage continuous market volatility, I designed a global operating model integrating teams across the US, Europe and Asia. This “follow-the-sun” structure strengthened organisational resilience and ensured seamless global service.
Designing the Operational Risk Framework As Global Head of Operations, I overhauled operational risk management by establishing a Key Risk Indicator programme, annual risk and control self-assessments and a comprehensive framework. I positioned operational risk as a strategic tool to enhance productivity, reliability and resilience.
Driving Innovation and Global Expansion I have consistently championed innovation and process improvements, including establishing our India Clearing team as an innovation hub. For nearly a decade, this team has delivered automation, efficiency gains and new tool development that enhanced operational resilience and customer service.
5. What and who inspires, and has inspired, you to achieve your professional success?
I draw inspiration from my mother’s resilience and from the intellectual challenge of evolving global financial infrastructure alongside my colleagues.
My mother’s "glass-half-full" philosophy shaped my leadership style. Her ability to see opportunity where others see limits built my resilience and influences how I approach challenges – as catalysts for innovation rather than obstacles.
A leader’s role is often to be the "chief believer" for their team – nurturing talent and providing psychological safety. I aim to inspire the next generation to see clearing as a dynamic engine of global financial stability.
While my doctorate bridges academic theory and market practice, my daily motivation comes from collaborating with global teams who translate complex challenges into continuous operational resilience.
6. How have you overcome setbacks, and what advice would you give to others dealing with setbacks?
A challenging path to motherhood reshaped my perspective on setbacks. It taught me that resilience is not simply about perseverance, but also about self-kindness and reassessing purpose.
Professionally, I encourage teams to treat setbacks as inflection points. When projects stall or markets shift, we revisit our "why". If the purpose remains valid, we innovate our "how".
Stay stoic about what you cannot control and creative with what you can. Strong strategies often emerge from setbacks that reveal new paths forward.
7. What advice do you have for other women who aspire to be in leadership positions? What is the biggest takeaway you want to leave with the reader?
Own your intellectual space, remain curious and persevere. Do not simply understand the status quo – help define it.
My doctorate and publications built credibility and networks that secured me a seat at the table. Asking questions is not weakness; it is intellectual maturity and often the starting point for breakthroughs.
Embrace challenges as growth opportunities. Mistakes are powerful teachers. Resilience, curiosity and perseverance will distinguish your leadership journey.