Sanjib Sahoo is the chief information officer for North American transport at transportation and logistics services company XPO Logistics.
He’s worked with global financial systems and information technology for more than 18 years.
“Keep in mind innovation can be incremental,” Sahoo told Blue Sky. “Apple did not innovate the phone. They did not create the phone. All they did was make a better phone. So whatever works for your business or your service, make it different so that it drops in or creates value for your business — that’s the key.”
Sahoo was previously the chief information officer at online brokerage OptionsHouse, which was acquired by E*Trade in summer 2016. Before that, he had the CIO title at TradeMonster, which became OptionsHouse after global investment firm General Atlantic acquired and merged the companies in 2014.
His innovation bug brought TradeMonster more than 150 percent annual revenue growth over four years, Sahoo said. In 2013, Barron’s ranked it the No. 2 online brokerage in North America. Global investment firm General Atlantic acquired TradeMonster in 2014.
Sahoo previously built trading platforms with Xpress Trade (which was later acquired by optionsXpress and is now part of Charles Schwab Corporation) and Citibank.