The Association for Financial Markets in Europe (AFME) has appointed regulatory expert and academic Eddy Wymeersch as a nonexecutive director and senior advisor. Mr Wymeersch was formerly chair of the Committee of European Securities Regulators (CESR) as well as the Chairman of the Supervisory Board of the Belgian Banking, Finance and Insurance Commission. He will join the AFME Board with immediate effect, following the Association’s Board meeting and Annual General Meeting, which took place on 19 September 2012.
He is currently chairman of the Public Interest Oversight Board in Madrid and member of the board of Euroclear. He was a member of the European Corporate Governance Forum, an advisor to the Belgian Government, the European Commission and international institutions. He teaches on company law, banking law and securities regulation.
Gaёl de Boissard, AFME’s chairman commented:
“Europe’s capital markets are experiencing unprecedented levels of regulatory change and we are delighted to appoint someone with Eddy Wymeersch’s enormous experience of the financial markets to our Board. His expertise and understanding of the role of European policymakers, in particular, will be invaluable to us as an advisor.”
Eddy Wymeersch commented:
“I hope that my expertise in the financial field will benefit AFME and its members and contribute to the integration of the financial markets in Europe and worldwide. At the present juncture when so many issues are popping up, it will be necessary to develop a long-term view to stabilise the system and contribute to the growth of our economies.”