Nasdaq Inc. announced Thursday that its executive vice president and global chief legal and policy officer will assume the role of vice chairman Oct. 1 and its general counsel for North America has been named chief legal officer.

In his new role as vice chairman, Edward Knight will manage global government relations and continue to serve as an adviser on public policy and litigation. Knight became Nasdaq’s general counsel in 2001 and previously served as general counsel to FINRA, formally Financial Industry Regulatory Authority Inc. He has also served as the general counsel of the U.S. Department of Treasury and served as a member of President Barack Obama’s transition team in 2008 and 2009.