Shigeru Ariizumi and Rostin Behnam re-appointed as Vice Chairs
Mohamed Farid Saleh re-elected Chair of IOSCO Growth & Emerging Market (GEM) Committee and remains ex-officio Vice-Chair of the Board
IOSCO/MR/09/2024 – Athens, 28 May 2024
The Board of IOSCO is pleased to announce the re-election of Jean-Paul Servais as its Chair for a further two-year term. Jean-Paul Servais also serves as Chair of IOSCO’s European Regional Committee (ERC) and of Belgium’s Financial Services and Markets Authority.
Shigeru Ariizumi, Vice Minister for International Affairs, Financial Services Agency, Japan, and Rostin Behnam, Chair of the U.S. Commodity Futures Trading Commission, were also re-elected as Vice-Chairs of IOSCO’s Board.
Dr. Mohamed Farid Saleh, Executive Chairman of the Financial Regulatory Authority, Egypt, was re-elected as Chair of the Growth and Emerging Markets (GEM) Committee and continues ex-officio as IOSCO Board Vice-Chair.
Their term began on 27 May with the inaugural meeting of the IOSCO Board, which took place during the IOSCO Annual Meeting 2024 in Athens, Greece.
Commenting on his re-election, Jean-Paul Servais said: “When I was first elected, I highlighted the importance of moving at pace on priorities such as sustainability disclosures and the crypto-asset market. I am proud to say IOSCO achieved its objectives. Under my second mandate, we will need to persevere including through a focus on implementation of our newly established standards. Given the increasing role of market-based finance, IOSCO’s work as a global standard setter is more relevant than ever, as is testament from our recently updated work program. It is therefore a privilege to serve IOSCO’s Board as its Chair and I am honoured to have been re-elected for a further term.”
IOSCO’s four Regional Committees also elected their Chairs, namely:
- Africa / Middle East Regional Committee Chair (AMERC): Ms. Nezha Hayat, Chairperson and CEO, Autorité Marocaine du Marché des Capitaux, Morocco.
- Asia-Pacific Regional Committee Chair (APRC): Ms. Julia Leung, CEO of the Hong Kong Securities and Futures Commission.
- Inter-American Regional Committee Chair (IARC): Ms. Lucia Buenrostro, Vice President of Regulatory Policy, Comisión Nacional Bancaria y de Valores, Mexico.
- European Regional Committee Chair (ERC): Mr. Jean-Paul Servais.
IOSCO’s Affiliate Members Consultative Committee (AMCC): Andrew Kriegler, President & CEO of the Canadian Investment Regulatory Organisation.
IOSCO’s Board has 35 members and two observers: https://www.iosco.org/about/?subsection=display_committee&cmtid=11
