The European Securities and Markets Authority has elected three new members to its Management Board to replace outgoing members whose terms expire in November this year.
The election took place at the Board of Supervisors meeting in Luxembourg on 5 November and the successful candidates, who will serve a term of 2.5 years beginning on 1 December 2015, are: Lourdes Centeno, Comisión Nacional del Mercado de Valores (CNMV), Spain – new member; Klaus Kumpfmüller, Finanzmarktaufsicht (FMA), Austria – ending first term and re-elected; and Elisabeth Roegele, Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Germany – new member.
The outgoing members were Kostas Botopoulos from the Hellenic Capital Markets Commission (HCMC) of Greece, and Martin Wheatley of the UK’s Financial Conduct Authority (FCA).
The Management Board, chaired by Steven Maijoor, Chair of ESMA, is responsible for ensuring that the Authority carries out its mission and performs the tasks assigned to it under the Regulation.
