Mark Gem retained as ECSDA chair as association elects its new board
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Mark Gem retained as ECSDA chair as association elects its new board 24 June 2022EU Reporter: Bob Currie
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The European Central Depositories Association has re-elected industry veteran Mark Gem as its chairperson.
Gem, Clearstream’s long serving chair of its Risk Committee and specialist in financial regulation and post-trade affairs, will continue to convene the Association’s board of directors, which is made up of 28 representatives from its 39 members.
Meeting in Brussels, after a two-year suspension of in-person meetings owing to the pandemic, the Board of Directors appointed two vice-chairs and a treasurer for a three-year term.
Guillaume Eliet, CEO of Euroclear Belgium, France and the Netherlands, and Indars Aš�uks, CEO of Nasdaq CSD SE, will serve as the Association’s vice-chairs, with Georg Zinner, managing director of Austria’s CSD OeKB, becoming treasurer.
Speaking about his re-election, Mark Gem says: “Post-trade financial services are a source of competitive strength for Europe. Europe’s CSDs continue to provide the markets with resilient and efficient support, representing a bedrock of stability as we move towards a more integrated capital market.
“ECSDA has played a leading role in our journey and I am proud to be part of it.�
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