CDO

Abbreviation with 4 meanings

CDO
Stands forChief data officer
Meanings4
CategoriesBusiness & Finance

CDO has four meanings. The most common are Chief data officer (job title) and Chief digital officer (job title); it can also stand for Chief diversity officer and Collateralized debt obligation.

Meanings of CDO at a glance

#CDO stands forContext
1Chief data officerBusiness & Finance › Job Title
2Chief digital officerBusiness & Finance › Job Title
3Chief diversity officerBusiness & Finance › Job Title
4Collateralized debt obligationBusiness & Finance › Bond & Fixed-Income

1. Chief data officer

Business & Finance · Job Title Abbreviations

Executive who governs how an organization collects, manages, protects and uses data, covering data quality, governance, analytics platforms and compliance with privacy rules. The CDO aims to treat data as a strategic asset.

Example: The CDO set up a single customer data platform so marketing and finance stop reporting different numbers.

Capital One is often credited with appointing one of the first chief data officers, in 2002. The US Foundations for Evidence-Based Policymaking Act of 2018 requires federal agencies to name CDOs. The abbreviation is shared with chief digital officer and chief diversity officer, so full titles are usually given.

2. Chief digital officer

Business & Finance · Job Title Abbreviations

Executive who leads an organization's digital transformation, such as e-commerce, digital products, mobile apps and online customer experience, helping traditional businesses compete with digital-native rivals. The role is common in retail, media, banking and consumer goods.

Example: The retailer's CDO aims to make online orders half of sales by 2028.

The role grew rapidly in the 2010s, and some companies later folded it into the CEO, CIO or CMO mandate once digital work became mainstream. In finance, CDO more often refers to a collateralized debt obligation, a structured credit product.

3. Chief diversity officer

Business & Finance · Job Title Abbreviations

Executive responsible for an organization's diversity, equity and inclusion strategy, including recruiting practices, employee resource groups, training and reporting on workforce demographics. The role is found in corporations, universities and government agencies.

Example: The CDO publishes the company's workforce demographics report each spring.

Many companies created or expanded the role after 2020; since 2023 some US states, universities and companies have eliminated DEI offices amid legal and political pressure, and other roles have been retitled. Because CDO has several meanings, announcements usually write the title out in full.

4. Collateralized debt obligation

Business & Finance · Bond & Fixed-Income Abbreviations

Structured security that pools debt, such as corporate bonds, loans or mortgage-backed securities, and slices the cash flows into tranches ranked by seniority, from AAA-rated senior notes to a high-risk equity tranche that absorbs losses first.

Example: CDOs packed with subprime mortgage bonds were downgraded en masse in 2007 and 2008.

CDOs backed by subprime mortgage securities, including "CDO-squared" deals that held other CDOs, caused huge losses in the 2008 financial crisis and featured in the book and film The Big Short. Today the most common type is the collateralized loan obligation (CLO). In job titles, CDO means chief data officer.

More job title abbreviations

  • CAIO – Chief AI officer
  • CAO – Chief accounting officer
  • CBO – Chief business officer
  • CCO – Chief compliance officer
  • CEO – Chief executive officer
  • CFO – Chief financial officer
  • CGO – Chief growth officer
  • CHRO – Chief human resources officer

See all 70 job title abbreviations →

More bond & Fixed-Income abbreviations

  • AAA – Highest credit rating (triple-A)
  • ABS – Asset-backed security
  • AT1 – Additional Tier 1 capital
  • BTP – Buono del Tesoro Poliennale (Italian multi-year Treasury bond)
  • CDS – Credit default swap
  • CDX – Credit default swap index
  • CLO – Collateralized loan obligation
  • CMBS – Commercial mortgage-backed security

See all 42 bond & Fixed-Income abbreviations →