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People moves news

ESMA vice-chair to stick around


04 July 2013 Paris
Reporter: Mark Dugdale

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Image: Shutterstock
The European Securities and Markets Authority’s (ESMA’s) board of supervisors has re-elected Carlos Tavares as its vice chair.

Tavares, who is chairman of the Portuguese Comissão Do Mercado De Valores Mobiliários, has completed an initial two-and-a-half year term and will now serve a further term in the position.

The terms of three members of ESMA’s management board have also expired.

Kostas Botopoulos of Greece’s Hellenic Capital Markets Commission (HCMC) is newly elected to the management board, as is Klaus Kumpfmüller of Austria’s Finanzmarktaufsicht.

Martin Wheatley of the UK’s Financial Conduct Authority has been re-elected for a second term on the management board.

ESMA’s management board, which is chaired by Steven Maijoor, is responsible for ensuring that the authority carries out its mission and performs the tasks assigned to it. Each member will serve a two-and-a-half year term.
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