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Industry news

Transcend hires Arora as Chief Operating Officer


22 July 2025 US
Reporter: Carmella Haswell

Generic business image for news article
Image: LinkedIn
Transcend has appointed industry veteran Sandeep Arora as its new chief operating officer.

Based in New York, Arora brings over three decades of experience in capital markets, digital platforms, and financial technology to his new position.

He will play a critical part in scaling Transcend’s business, operational capabilities, and client delivery, and will lead efforts to enhance go-to-market strategies and execution across key client segments.

Furthermore, Arora will work closely with the firm’s management team to shape and deliver the company’s strategic roadmap.

His appointment comes at a critical juncture, as Transcend accelerates its global expansion and advances its product capabilities to meet rising demand for collateral and liquidity optimisation across both sell side and buy side institutions, the firm says.

Bimal Kadikar, founder and CEO of Transcend, comments: “His deep understanding of the capital markets and fintech ecosystems, and his proven ability to lead complex global transformations, make him the ideal person to help drive our next phase of growth.â€

Prior to joining Transcend, Arora held several executive positions at Citi and was head of digital and chief investment officer for Citi’s Institutional businesses from 2020-2024.

Arora’s other roles at Citi included global head of fintech and innovation, and COO for Citi’s Markets businesses.

He was also chair of Citi’s Investment Committee for fintech investments and LP investments until 2025, representing Citi on the boards of Tradeweb, Symphony, Nasdaq Private Markets, Versana, LiquidX, and QCWare.

Commenting on his appointment, Arora says: “I’ve watched the firm’s evolution over the past several years and have been impressed with its innovative technology, pragmatic approach, and impact across leading financial institutions.

“Transcend empowers clients to make smarter, faster, and more informed intraday decisions. That’s an ideal platform off which we can amplify our client impact and scale the business in the years to come.â€
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