ACI hires first ever full-time president 08 April 2014Paris Reporter: Georgina Lavers
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ACI - The Financial Markets Association has appointed Marshall Bailey as its first ever full time president.
Bailey will be the delegated president on the managing board. He is a former member of ACI and FMAC in Canada, and has experience as an FX trader with UBS, a managing director in fixed income and currency sales at RBC Capital Markets, and an executive manager of State Street Global Markets in EMEA.
鈥淲e are at a critical time for our membership, especially those involved in trading businesses, and Marshall鈥檚 experience, strong ethical stance and leadership will help us forge a path with sell and buy-side individuals, and our regulators鈥� says Eddie Tan, chairman of ACI鈥檚 managing board.
鈥淲e conducted a year-long search and determined that we needed someone who can guide us through the challenges facing the industry, and who can work closely with the many facets of our association.鈥�
Philippe Jeanne, head of the ACI in Europe, said: 鈥淢arshall鈥檚 appointment was resoundingly endorsed by the ACI regional presidents, and by an incredibly strong majority of the ACI councillors. We are excited to be moving into a period of strength and opportunity for the ACI, especially given the challenges and conditions in the market place."
"We know the value proposition the ACI can offer to market participants, and we are ready to help our clients, the general public and industry thrive in a way that addresses the concerns of all of our constituents. After all, our membership has a responsibility toward the entire market.鈥�
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