Directors

  • Contact

    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.

  • Contact

    April Day

    April Day

    Managing Director, Head of Equities

    april.day@afme.eu

    +44 (0)20 3828 2682

    April Day

    April Day

    Managing Director, Head of Equities

    april.day@afme.eu

    +44 (0)20 3828 2682

    April Day is Managing Director, Head of Equities Capital Markets. 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.

  • Contact

    Adam Willman

    Adam Willman

    Director, Tax, Policy

    adam.willman@afme.eu

    +44 (0)20 3828 2740

    Adam Willman

    Adam Willman

    Director, Tax, Policy

    adam.willman@afme.eu

    +44 (0)20 3828 2740

    Adam is responsible for the running of AFME’s tax and VAT committees and associated working groups. Before joining AFME in 2013, Adam worked in the tax department of Norton Rose Fulbright where he qualified as a solicitor in 2009. Before joining Norton Rose Fulbright, Adam read Biological Sciences at Worcester College, Oxford and completed the Graduate Diploma in Law and Legal Practice Course at BPP in London.

  • Contact

    Constance Usherwood

    Constance Usherwood

    Director Prudential

    Constance.Usherwood@afme.eu

    +44 (0)20 3828 2719

    Constance Usherwood

    Constance Usherwood

    Director Prudential

    Constance.Usherwood@afme.eu

    +44 (0)20 3828 2719

    Constance is part of the Prudential team and works across a number of areas including risk weighted assets, non-performing loans, cross border aspects of CRDV and green finance. She also works on preparations for CRDVI/CRR3 and the prudential aspects of cross-cutting issues such as Capital Markets Union and Banking Union.

    Constance joined AFME from HSBC, where she was Prudential and Trade Policy Manager with responsibilities, amongst other things, for assessing upcoming international regulatory standards, and assisting in formulating and advocating policy positions with high-level policy makers and European legislators. Prior to that, Constance worked as a Policy Expert at the EBA on promoting supervisory convergence in relation to CRR. Constance started her career in the European Parliament where she was Policy Advisor to UK MEP Sharon Bowles for three and a half years. Alongside managing the Brussels office, she had a broad range of responsibilities, including the drafting and negotiation of amendments to a wide range of post-crisis financial services legislation. She has a BA Hons in Modern Languages from Pembroke College Oxford and is a German speaker.

  • Contact

    David Ostojitsch

    David Ostojitsch

    Director, Technology and Operations

    David.Ostojitsch@afme.eu

    +44 (0)20 3828 2761

    David Ostojitsch

    David Ostojitsch

    Director, Technology and Operations

    David.Ostojitsch@afme.eu

    +44 (0)20 3828 2761

    David Ostojitsch is the Director of the Technology and Operations Division at AFME, having joined the association in June 2017. In this role, David brings together members to engage on matters of policy, advocacy and thought leadership, focused on three priority areas: Cyber Security, FinTech and Emerging Technologies, and Industry Utilities.

    Before joining AFME, David was a Senior Manager at PricewaterhouseCoopers, specialising in IT Strategy and Technology Transformation in capital markets, investment management and insurance. During this time, David spent five years working in the Asia-Pacific financial services industry leading engagements in Australia, Singapore and Hong Kong. Prior to management consulting, David worked in both the UK retail banking and IT outsourcing sectors.

  • Contact

    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.

  • Contact

    Jacqueline Mills

    Jacqueline Mills

    Managing Director

    jacqueline.mills@afme.eu

    +44 (0)20 3828 2710

    Jacqueline Mills

    Jacqueline Mills

    Managing Director

    jacqueline.mills@afme.eu

    +44 (0)20 3828 2710

    Jacqueline is head of our Frankfurt office where she is responsible for developing AFME’s relationships with key prudential supervisors and policy makers, with a particular focus on the ECB.

    She is also responsible for AFME’s Supervisory Committee which focuses on ECB SSM supervision and supervisory convergence in the EU.

    Jacqueline is a member of our prudential regulation team and leads work on prudential issues with EU cross-border or supervisory implications (such as waivers, IPU, etc.)

    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 Masters in Finance & Accounting as well as a DEA (1st year PhD) 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.

  • Contact

    Louise Rodger

    Louise Rodger

    Director

    Louise.Rodger@afme.eu

    +44 (0)203828 2742

    Louise Rodger

    Louise Rodger

    Director

    Louise.Rodger@afme.eu

    +44 (0)203828 2742

    Louise Rodger is responsible for the running of AFME’s Compliance Committee and associated working groups. Louise joined AFME in July 2017, as Director, Compliance. Previously, Louise spent six years at the Financial Conduct Authority, most recently engaged in their implementation of the Markets in Financial Instruments Directive II. Louise has also worked in legal and regulatory policy roles at the Electoral Commission, the Crown Prosecution Service and Ofcom.

    Louise has a BA in English & History from Greenwich University.

  • 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.

  • Contact

    Oliver Moullin

    Oliver Moullin

    Managing Director, Brexit and Head of Recovery and Resolution

    oliver.moullin@afme.eu

    +44 (0)20 3828 2712

    Oliver Moullin

    Oliver Moullin

    Managing Director, Brexit and Head of Recovery and Resolution

    oliver.moullin@afme.eu

    +44 (0)20 3828 2712

    Oliver Moullin is Managing Director, Brexit and Head of Recovery and Resolution. He is also AFME’s General Counsel and Company Secretary. Oliver joined AFME in 2012 and leads AFME’s work on Brexit and Recovery and Resolution policy. He also advises on legal and governance matters.

    Prior to joining AFME, Oliver was a Senior Associate at the law firm Hogan Lovells, where he advised on restructurings and insolvencies of large companies and financial institutions 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.

  • Contact

    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.

  • Contact

    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.

  • Contact

    Richard Hopkin

    Richard Hopkin

    Managing Director, Head of Fixed Income

    richard.hopkin@afme.eu

    +44 (0)20 3828 2698

    Richard Hopkin

    Richard Hopkin

    Managing Director, 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.

  • Contact

    Richard Middleton

    Richard Middleton

    Managing Director, Co-Head of Policy Division

    richard.middleton@afme.eu

    +44 (0)20 3828 2709

    Richard Middleton

    Richard Middleton

    Managing Director, Co-Head of Policy Division

    richard.middleton@afme.eu

    +44 (0)20 3828 2709

    Richard Middleton is Managing Director, Co-Head of Policy Division.

    The Policy Division covers key areas of Regulatory Compliance, in particular Data Protection, Conduct (including Financial Crime), Operational Tax Compliance, and Financial and Tax Reporting and Disclosure.

    Prior to joining AFME, Richard held leadership positions at EY, Bear Stearns and GE.

    Richard has an MA and a DPhil in Mathematics from Oxford University.

  • Contact

    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.

  • Contact

    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.

  • Contact

    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.

  • Contact

    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.

  • Contact

    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.

  • Contact

    Will Dennis

    Will Dennis

    Managing Director, Co-Head of Policy Division

    will.dennis@afme.eu

    +44 (0)20 3828 2683

    Will Dennis

    Will Dennis

    Managing Director, Co-Head of Policy Division

    will.dennis@afme.eu

    +44 (0)20 3828 2683

    Will Dennis is co-head of Policy at AFME. His main focus is monitoring, analysing and responding to regulatory developments in the fields of data, compliance, financial crime, tax and accounting 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. Will is a board member of the Joint Money Laundering Steering Group and a member of the consultative working group for ESMA's Investor Protection and Intermediaries Standing Committee.