Directors

  • Global FX Division

    Andrew Harvey

    Andrew Harvey

    Managing Director - Europe

    aharvey@gfma.org

    +44 (0)20 3828 2694

    Andrew Harvey

    Andrew Harvey

    Managing Director - Europe

    aharvey@gfma.org

    +44 (0)20 3828 2694

    Andrew Harvey is Managing Director, Europe, of the Global FX Division of GFMA (the Global Financial Markets Association). The Division was formed in June 2010 to support efforts to promote an efficient FX market, monitor regulatory developments that could affect the market and assist the industry in building out the infrastructure of the future. While focused on Europe, Andrew has responsibilities for global initiatives as the Division seeks to harmonise evolving rules for FX across jurisdictions.

    Previously, Andrew was an Executive Director at Morgan Stanley where he worked for seven years - initially as European Head of FX and Cash Fixed Income. Andrew co-chaired the GFXD Operations Committee, and was an active member of the Bank of England Operations Committee. After leaving this role, Andrew ran the Global Emerging Markets Rates and Credit groups before moving to be the Global COO for Derivative Operations. Prior to Morgan Stanley, Andrew worked at Goldman Sachs for nine years within its Foreign Exchange group.

  • Equities Trading

    April Day

    April Day

    Managing Director

    april.day@afme.eu

    +44 (0)20 3828 2682

    April Day

    April Day

    Managing Director

    april.day@afme.eu

    +44 (0)20 3828 2682

    April Day is Managing Director of AFME's Equities division. With a strong background in investment banking, her previous roles have included Director of Equity Sales for both Dresdner Kleinwort and Panmure Gordon. April holds a Legal Practice Certificate from the Oxford Institute of Legal Practice and an LLB (Hons) in Business Law.

  • HR

    Beverley Vince

    Beverley Vince

    HR and Operations Director

    beverley.vince@afme.eu

    +44 (0)20 3828 2735

    Beverley Vince

    Beverley Vince

    HR and Operations Director

    beverley.vince@afme.eu

    +44 (0)20 3828 2735

    HR and Operations Director Beverley Vince has wide experience of both the HR and broader business environments. At AFME, she works in partnership with the senior management team to ensure close alignment between its people and business. Her responsibilities include the development, delivery and implementation of long-term HR strategy for both the London and Brussels offices. Before joining AFME, Beverley held a senior HR role in the UK's leading health and social care organisation, providing specialist services to support people involved with substance misuse.

    Previously, she worked as an HR Business Partner for several independent insurance consultancies, driving people strategies and delivering operating efficiencies.

  • Compliance

    Bryan Friel

    Bryan Friel

    Director

    bryan.friel@afme.eu

    +44 (0)20 3828 2755

    Bryan Friel

    Bryan Friel

    Director

    bryan.friel@afme.eu

    +44 (0)20 3828 2755

    Bryan Friel is a Director in the Compliance Division. He is focused primarily on the implementation of the Market Abuse Regulation and has responsibilities in monitoring, analysing and responding to regulatory developments in compliance at the national, EU and global level. 

    Before joining AFME, Bryan was senior policy advisor in the Markets Policy Division of the Central Bank of Ireland, where he was their secondary markets representative at ESMA and IOSCO and part of the MiFID technical team during the Irish Presidency of the European Council in 2013.  He has previously worked in the Compliance Department of a quantitative trading firm based in Dublin.  Bryan holds a MEconSc from the National University of Ireland Maynooth.

  • Gary Simmons

    Gary Simmons

    Managing Director

    gary.simmons@afme.eu

    +44 (0)20 3828 2723

    Gary Simmons

    Gary Simmons

    Managing Director

    gary.simmons@afme.eu

    +44 (0)20 3828 2723

    Gary Simmons is the Managing Director of the AFME High Yield division, for which he leads AFME’s efforts to lower costs and increase efficiency in the execution of high-yield transactions, and lobbies for the reform of corporate insolvency laws. He also heads the AFME Prime Services division, which monitors business, legal and regulatory issues affecting the prime brokerage industry, and provides advocacy for member positions.

    Gary is a New York-qualified lawyer and was previously a senior associate at Cleary, Gottlieb, Steen & Hamilton. After an initial period in New York, Gary spent several years in London, gaining extensive experience in cross border and emerging markets debt transactions, particularly high-yield bond issuances and leveraged loans. Gary has a Juris Doctor from Rutgers University School of Law (with honors) and a Bachelor of Arts (with highest honors) from Rutgers University. Following law school, he was a law clerk to the Honorable William H. Walls of the United States Federal District Court, District of New Jersey.

  • Prudential Regulation

    Jacqueline Mills

    Jacqueline Mills

    Director

    jacqueline.mills@afme.eu

    +44 (0)20 3828 2710

    Jacqueline Mills

    Jacqueline Mills

    Director

    jacqueline.mills@afme.eu

    +44 (0)20 3828 2710

    Jacqueline leads AFME’s work, at international and European levels, on capital requirements for credit risk, RWA variance and risk sensitivity in the capital framework. She is also AFME’s lead on banking remuneration and in charge of our work on banking supervision, focusing in particular on the development of the Single Supervisory Mechanism and harmonisation in supervisory practices.

    Prior to joining AFME she was Head of Asset Finance Policy and Research at Leaseurope, the European Leasing Federation in Brussels, and was an assistant lecturer in Finance at the Université Libre de Bruxelles.

    She has a DEA and a Masters in Finance & Accounting from the Solvay Brussels School of Economics and Management.

  • Prudential Regulation

    Jouni Aaltonen

    Jouni Aaltonen

    Director

    jouni.aaltonen@afme.eu

    +44 (0)20 3828 2671

    Jouni Aaltonen

    Jouni Aaltonen

    Director

    jouni.aaltonen@afme.eu

    +44 (0)20 3828 2671

    Jouni Aaltonen is a director in the Prudential Regulation Division. His main focus is on the structural reform of the European banking sector, but he is also involved in prudential matters relating to shadow banking regulation and the capital and liquidity standards arising from Basel III. Jouni began his banking career in product management and financial advisory and has held various roles at Citi, RBC Dexia and JP Morgan.

    Jouni’s main focus has been on balance sheet efficiency, liquidity and product strategies. He has also been involved with projects including new business initiative approvals, legal entity simplification and Basel III and FSA liquidity. Jouni holds a Masters degree in International Business Administration.

  • MiFID

    Julian Allen-Ellis

    Julian Allen-Ellis

    Director

    Julian.Allen-Ellis@afme.eu

    +44 (0)20 3 828 2690

    Julian Allen-Ellis

    Julian Allen-Ellis

    Director

    Julian.Allen-Ellis@afme.eu

    +44 (0)20 3 828 2690

    Julian leads the cross-product MiFID/MiFIR Steering Committee at AFME. Julian has a broad product background in both fixed income and equities. Before joining AFME, Julian worked for Market Axess/TRAX in a senior sales and relationship management role responsible for market participants utilizing MiFID/MiFIR regulatory reporting and trade matching services. Prior to that, he was in senior relationship management in the prime services teams at JP Morgan and Bank of America Merrill Lynch, and prior to that as Head of Membership at the London Stock Exchange. Julian read Economics at The University of Reading and has an MBA from Henley Business School.

  • Prudential Regulation

    Mark Bearman

    Mark Bearman

    Director

    mark.bearman@afme.eu

    +44 (0)20 3828 2675

    Mark Bearman

    Mark Bearman

    Director

    mark.bearman@afme.eu

    +44 (0)20 3828 2675

    Mark Bearman is a director in the Prudential Regulation Division. His main focus is in relation to regulatory capital and liquidity standards arising from Basel III/CRD4 and from developments to the wider prudential framework. Mark has degrees in Economics and Financial Services and is an Associate of the Chartered Institute of Bankers.

     Prior to joining AFME in January 2011, Mark was a Manager in KPMG's Risk and Regulatory Practice. He worked primarily on Basel II proposition and its implementation, which included the provision of analysis of the post Basel II environment and its implications, the design and completion of ICAAP documents, and leading work on assessing the effectiveness of Basel II implementation. In his later years with KPMG, Mark's work expanded to include also engagements on liquidity and the preparation of ILAA documents. Before joining KPMG, Mark worked for several years in banking supervision at the Financial Services Authority where he was primarily responsible for the risk assessment and supervision of wholesale banking groups.

  • Prudential regulation

    Oliver Moullin

    Oliver Moullin

    Head of Recovery and Resolution and General Counsel

    oliver.moullin@afme.eu

    +44 (0)20 3828 2712

    Oliver Moullin

    Oliver Moullin

    Head of Recovery and Resolution and General Counsel

    oliver.moullin@afme.eu

    +44 (0)20 3828 2712

    Oliver Moullin is Head of Recovery and Resolution and also AFME's General Counsel and Company Secretary. He is a solicitor and, prior to joining AFME, served as a Senior Associate at international law firm Hogan Lovells, where he advised on restructurings and insolvencies of large companies and financial institutions. He has advised numerous stakeholders in relation to many of the largest insolvencies during the financial crisis, including Lehman Brothers, MF Global, the Icelandic banks and Irish banks. He also spent a period on secondment to Barclays' legal team. Oliver has a law degree from the University of Bristol.

  • Advocacy

    Pablo Portugal

    Pablo Portugal

    Director

    pablo.portugal@afme.eu

    +32 (0)2 788 3974

    Pablo Portugal

    Pablo Portugal

    Director

    pablo.portugal@afme.eu

    +32 (0)2 788 3974

    Pablo Portugal is a Director at AFME’s Public Policy and Advocacy Division, based at AFME’s Brussels Office. His main focus is analysis and engagement across Europe on capital markets and securities regulation, market liquidity, bank structural reform and shadow banking.

    Prior to joining AFME, Pablo was engaged for six years with the Institute of Chartered Accountants in England and Wales, where he worked in a number of financial reporting, auditing and financial sector areas.

    His previous experience includes roles in Brussels-based policy organisations and the United Nations. He has also contributed to various business and finance publications and speaks English, Spanish, French and Italian. Born in Peru, Pablo holds a BSc Econ (first class) from the University of Wales, Aberystwyth, and a Masters Degree (with distinction) from the London School of Economics.

  • Advocacy

    Pedro Pinto

    Pedro Pinto

    Director

    pedro.pinto@afme.eu

    +32 (0)2 788 3973

    Pedro Pinto

    Pedro Pinto

    Director

    pedro.pinto@afme.eu

    +32 (0)2 788 3973

    Pedro Pinto is Director for Advocacy at AFME's Brussels Office. Pedro has more than 12 years’ experience working in the financial services industry. Prior to his current position he worked at NYSE Euronext where he headed the Legal and Regulatory department in Lisbon for 6 years. Mr. Pinto held these responsibilities in conjunction with his position as Chief Compliance Officer for the NYSE Euronext Lisbon market. From 2002 to 2005, he was a Senior Legal and Regulatory Counsel at Euronext and Euronext Lisbon Corporate Secretary.

    Prior to that, Pedro was the Portuguese representative at the Federation of European Stock Exchanges’ Working Committee and Senior Counsel at the former Lisbon and Porto Exchanges. Pedro started his career as a Lawyer in a Portuguese law firm alongside tenure as a lecturer in economics at the Law School of the University of Lisbon. Mr. Pinto is a lawyer by training with a degree in law and post graduated studies in Securities Law from the Law School of the University of Lisbon and executive management studies at the INSEAD and at the Vlerick Leuven Gent Management School.

  • Fixed Income

    Richard Hopkin

    Richard Hopkin

    Managing Director and Head of Fixed Income

    richard.hopkin@afme.eu

    +44 (0)20 3828 2698

    Richard Hopkin

    Richard Hopkin

    Managing Director and Head of Fixed Income

    richard.hopkin@afme.eu

    +44 (0)20 3828 2698

    Richard Hopkin is Head of Fixed Income and a managing director in the Securitisation Division. He joined AFME in June 2010 after a 25 year career in the law and finance during which he held leadership positions at J.P. Morgan, Deutsche Bank and Société Générale. He has originated, structured and distributed securitisations funding the real economy through a wide variety of asset classes including mortgages, credit cards, auto, consumer and SME loans, from across Europe, Australia and the US. Born and brought up in Wales, Richard read law at Cambridge University and qualified as a solicitor with leading international law firm Clifford Chance.

  • Policy

    Richard Middleton

    Richard Middleton

    Managing Director

    richard.middleton@afme.eu

    +44 (0)20 3828 2709

    Richard Middleton

    Richard Middleton

    Managing Director

    richard.middleton@afme.eu

    +44 (0)20 3828 2709

    Richard Middleton is a Managing Director in AFME’s policy and strategy team. He works on a wide range of European public policy initiatives, including capital markets union, prospectus regulation, sustainable finance and disclosure, finance for growth, and corporate reporting. Richard has experience from the academic world, consulting, and industry. He began his career as a Fellow in Mathematics at Oxford University, from which he holds an MA and a DPhil. After university, he joined Ernst & Young's Financial Services practice, where his clients included leading banks and securities firms. He then moved into industry – first to Bear Stearns where he was Senior Managing Director, and later to GE. Richard joined AFME in 2010.

  • Technology & Operations

    Rob Morgan

    Rob Morgan

    Managing Director

    Rob.Morgan@afme.eu

    +44 (0)203 828 2688

    Rob Morgan

    Rob Morgan

    Managing Director

    Rob.Morgan@afme.eu

    +44 (0)203 828 2688

    Rob Morgan is AFME’s Managing Director of Technology & Operations. He is tasked with forming the association's Technology & Operations Committee and delivering AFME’s proposition to the senior operational leadership of its member firms. The formation of this committee recognises that AFME’s members share common challenges in their technology and operations arena arising out of regulation, expense pressure, innovation, and changes to the risk environment.

    Prior to joining AFME, Rob was a partner at specialist capital markets consulting firm, Capco, where he played a leading role in developing its payments and transaction banking practice. He has a total of twenty-five years’ experience spanning both the consulting and banking industries, and has held senior management positions in technology, operations, change and product management for major global banks including JP Morgan, HSBC and RBS in Europe, North America and Asia Pacific. Rob holds an MBA from Henley Business School and an Masters of Engineering from St Anne’s College, Oxford.

  • Prudential Regulation

    Sahir Akbar

    Sahir Akbar

    Director

    sahir.akbar@afme.eu

    +44 (0)20 3828 2732

    Sahir Akbar

    Sahir Akbar

    Director

    sahir.akbar@afme.eu

    +44 (0)20 3828 2732

    Sahir Akbar is a director in the Prudential regulation division. His main focus is capital and counterparty credit risk, as well as being primary contact for accounting issues, working closely with AFME’s Accounting division. He began his career as an auditor in the financial services audit division of KPMG, qualifying as a Chartered Accountant before moving into banking supervision at the Financial Services Authority (FSA). At the FSA and its successor, the Prudential Regulation Authority, he supervised a number of Category 1 wholesale and investment banks in the International Banks division and qualified as a CFA charter holder before managing the supervision of a portfolio of UK banks.

  • Advocacy

    Stefano Mazzocchi

    Stefano Mazzocchi

    Managing Director

    stefano.mazzocchi@afme.eu

    +32 (0) 2 788 3972

    Stefano Mazzocchi

    Stefano Mazzocchi

    Managing Director

    stefano.mazzocchi@afme.eu

    +32 (0) 2 788 3972

    Stefano Mazzocchi is Managing Director for Advocacy at AFME's Brussels Office. Stefano has spent two years (2010-2011) as a Policy Advisor in the Regulatory Affairs Department at the Institute of International Finance in Washington DC. Prior to his work at the IIF, for six years Stefano Mazzocchi has worked for Intesa Sanpaolo's International Regulatory and Antitrust Affairs office as a Regulatory Advisor.

    Stefano spent five years at the European Parliament (1999-2004) as an Economic Advisor in the Economic and Monetary Affairs Committee. In recent years he has also been a regular contributor for a number of Italian newspapers on key political and regulatory developments in the EU. Mr. Mazzocchi is an economist by training. He has a degree in Economics from the Università Politecnica delle Marche and a Master in Finance from Solvay Business School - Université Libre de Bruxelles.

  • Post Trade

    Stephen Burton

    Stephen Burton

    Managing Director

    stephen.burton@afme.eu

    +44 (0)20 3828 2678

    Stephen Burton

    Stephen Burton

    Managing Director

    stephen.burton@afme.eu

    +44 (0)20 3828 2678

    Stephen Burton joined AFME in January 2011 and is Managing Director of the Post Trade division, with particular responsibility for matters related to clearing, settlement and custody. Previously, Stephen was responsible for implementation of equity business strategy in the post trade arena at Deutsche Bank. Prior to that, he spent 10 years at Citi working with Operational groups to deliver pan-European market initiatives and represented the company at various market infrastructure user groups. Prior to joining AFME, Stephen was an active member of the clearing and settlement committees concentrating on post-trade cost reduction and safety.

  • Fixed income

    Victoria Webster

    Victoria Webster

    Director

    victoria.webster@afme.eu

    +44 (0)20 3828 2689

    Victoria Webster

    Victoria Webster

    Director

    victoria.webster@afme.eu

    +44 (0)20 3828 2689

    Victoria is AFME’s Director of Fixed Income, having joined the association in November 2015. She is responsible for the AFME Primary Dealers, Credit and Covered Bond Boards, focusing on developments in regulation, policy and market structure. Victoria has more than 19 years of fixed income experience in banking, vendor sales, broking and market making. Prior to joining AFME, Victoria worked at Barclays Investment Bank in a role focused on fixed income electronic trading.

  • Post Trade

    Werner Frey

    Werner Frey

    Managing Director

    werner.frey@afme.eu

    +44 (0)20 3828 2721

    Werner Frey

    Werner Frey

    Managing Director

    werner.frey@afme.eu

    +44 (0)20 3828 2721

    Dr Werner Frey was nominated in June 2002 to be Chief Executive of The European Securities Forum, which is now the Post-Trade Division of AFME. Dr Frey is a Swiss national and has a Ph.D in History, Constitutional Law, and Political Sciences. He studied at the Universities of Zurich and Cambridge. He has occupied senior positions in banking; until 1997, he was a member of the Executive Board of Bank Leu, and since 1990, he had been part of the Credit Suisse Group. As a result of his advisory activities from 1997 to 2002, he is well acquainted with the securities infrastructure in Europe.

  • Compliance

    Will Dennis

    Will Dennis

    Managing Director

    will.dennis@afme.eu

    +44 (0)20 3828 2683

    Will Dennis

    Will Dennis

    Managing Director

    will.dennis@afme.eu

    +44 (0)20 3828 2683

    Will Dennis is Head of Compliance at AFME. His main focus is monitoring, analysing and responding to regulatory developments in compliance at the national, EU and global level. Before joining AFME, Will was head of international compliance at Standard Bank, prior to which he worked at a number of international investment banks as general counsel and/or head of compliance. Will spent his early career with HM Diplomatic Service, serving in London, Beijing and Hong Kong. He holds an MA and LLM from the University of Cambridge, and is qualified as a solicitor in both the UK and Hong Kong.