MarketPeng Zhao
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Peng Zhao

Peng Zhao is a Chinese-American businessman who is the CEO of market making firm Citadel Securities. Peng Zhao was born in Beijing, China.

Education
Zhao earned a bachelor's degree in applied mathematics from Peking University in 2001 and a PhD in statistics from the University of California, Berkeley, in 2006. ==Career==
Career
Peng Zhao joined Citadel Securities in 2006 as a quantitative researcher. In July 2016, Citadel Securities announced that then Microsoft COO, B. Kevin Turner, was joining the firm as CEO. At this time a new role, chief scientist, was created specifically for Peng Zhao who was then the global head of market making. == Board memberships ==
Board memberships
Zhao is a director of the nonprofit organization National Committee on United States–China Relations. He is a founding board member of the non-profit advocacy and anti-discrimination group The Asian American Foundation (TAAF), established in 2021. In 2019, Zhao was named on ''Fortune's'' 40 Under 40 list. == Philanthropy ==
Philanthropy
Zhao and his wife organized a one million surgical mask donation to Chicago's first responders during the coronavirus pandemic in 2020. The couple also supports Kartemquin Films, a non-profit documentary filmmaking organization, in its efforts to fund filmmakers from the AAPI community through the Zhao-Chen AAPI Voices Fund. They were co-executive producers of the award-winning documentary Finding Yingying, which was released by Kartemquin Films. The couple also funds the Victor Wong Fellowship, a program associated with Chicago's Second City, to train and mentor aspiring comedians from the AAPI community. Peng and other founding board members of TAAF committed $125 million to support AAPI organizations and causes at launch. According to The New York Times, it was the single largest philanthropic gift devoted to Asian Americans. ==See also==
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