Peng Zhao (businessman)
| Peng Zhao | |
|---|---|
| Native name | 赵鹏 (Chinese) |
| Born | 1983 Beijing, China |
| Residence | Chicago, Illinois, U.S. |
| Alma mater |
Peking University (BS) University of California, Berkeley (PhD) |
| Occupation | CEO of Citadel Securities (2017-present) |
Peng Zhao (simplified Chinese: 赵鹏; pinyin: Zhào Péng) is a Chinese-American businessman known as the CEO of Citadel Securities.
Peng Zhao was born in Beijing, China. He was a student of the Talented Children Trainning Program at Beijing No.8 High School from 1993 to 1997, and got his bachelor's degree in applied mathematics at Peking University in 2001. In 2006, he obtained his PhD degree in statistics, under the direction of Professor Bin Yu from University of California, Berkeley.
Zhao joined Citadel LLC in 2006 as a Senior Quantitative Researcher for Global Market Quantitative Strategies. He then rose to global head of market-making at Citadel Securities. In mid-2016 he became vice chairman and chief scientist of the whole firm, a position specifically created for him. During this period, he oversees the development of quantitative trading and analytics of the whole institution. On January 27, 2017, he was appointed the CEO of Citadel Securities, replacing B. Kevin Turner.
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