ISDA elects new board directors
12 May 2023 US
Image: AdobeStock/ Andrii
The International Swaps and Derivatives Association (ISDA) has appointed three new directors to its board, following elections at its annual general meeting in Chicago.
LCH Group CEO and group head for post-trade services at London Stock Exchange Group Danny Maguire joins the trade association’s board, along with Yoji Imafuku, managing director and head of derivatives business planning at Mizuho Securities.
Barclays managing director and global head of rates market structure Tyler Wellensiek is the third new member to be elected to ISDA’s board.
Reflecting on these announcements, ISDA chair Eric Litvack says: “Given the various challenges that have faced financial markets, from rising interest rates and high inflation to a series of liquidity stresses, ISDA’s mission to foster safe and effective derivatives markets to facilitate effective risk management is as important as it’s ever been. I’m delighted to welcome such high-calibre individuals to the Board, and I’m sure they will make an important contribution to ISDA’s work.
“The structure of the board has changed significantly in recent years, with greater sector, geographic and gender diversity. Female representation has increased from 11 per cent in 2019 to 36.7 per cent currently, which better reflects the markets we serve,” adds Litvack.
ISDA members elected nine directors for a continuing term. These are Citigroup’s Kieran Higgins, Sian Hurrell from RBC Capital Markets, Gesa Johannsen from BNY Mellon, Societe Generale’s Eric Litvack, DBS Bank’s Andrew Ng, Duncan Rodgers from UBS, Niamh Staunton from bp, Deutsche Bank’s Esra Turk and Morgan Stanley’s Tom Winf.
Additionally, ISDA reappointed four directors to its board. These are Thijs Aaten from APG Asset Management Asia, Darcy Bradbury from D.E. Shaw and Co LP, AXA Investment Managers’ Charlotte Brette and BlackRock’s Jack Hattem.
LCH Group CEO and group head for post-trade services at London Stock Exchange Group Danny Maguire joins the trade association’s board, along with Yoji Imafuku, managing director and head of derivatives business planning at Mizuho Securities.
Barclays managing director and global head of rates market structure Tyler Wellensiek is the third new member to be elected to ISDA’s board.
Reflecting on these announcements, ISDA chair Eric Litvack says: “Given the various challenges that have faced financial markets, from rising interest rates and high inflation to a series of liquidity stresses, ISDA’s mission to foster safe and effective derivatives markets to facilitate effective risk management is as important as it’s ever been. I’m delighted to welcome such high-calibre individuals to the Board, and I’m sure they will make an important contribution to ISDA’s work.
“The structure of the board has changed significantly in recent years, with greater sector, geographic and gender diversity. Female representation has increased from 11 per cent in 2019 to 36.7 per cent currently, which better reflects the markets we serve,” adds Litvack.
ISDA members elected nine directors for a continuing term. These are Citigroup’s Kieran Higgins, Sian Hurrell from RBC Capital Markets, Gesa Johannsen from BNY Mellon, Societe Generale’s Eric Litvack, DBS Bank’s Andrew Ng, Duncan Rodgers from UBS, Niamh Staunton from bp, Deutsche Bank’s Esra Turk and Morgan Stanley’s Tom Winf.
Additionally, ISDA reappointed four directors to its board. These are Thijs Aaten from APG Asset Management Asia, Darcy Bradbury from D.E. Shaw and Co LP, AXA Investment Managers’ Charlotte Brette and BlackRock’s Jack Hattem.
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