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  3. Mark Gem retained as ECSDA chair as association elects its new board
Industry news

Mark Gem retained as ECSDA chair as association elects its new board


24 June 2022 EU
Reporter: Bob Currie

Generic business image for news article
Image: MG
The European Central Depositories Association has re-elected industry veteran Mark Gem as its chairperson.

Gem, Clearstream鈥檚 long serving chair of its Risk Committee and specialist in financial regulation and post-trade affairs, will continue to convene the Association鈥檚 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 A拧膷uks, CEO of Nasdaq CSD SE, will serve as the Association鈥檚 vice-chairs, with Georg Zinner, managing director of Austria鈥檚 CSD OeKB, becoming treasurer.

Sitting alongside these four representatives on the ECSDA Executive Committee are Francisco B茅jar Nu帽ez from Iberclear, Ondrej Dus铆lek from CSD Prague, Olga Jord茫o from Euronext Securities in Porto, Clearstream Banking SA鈥檚 Anne Pascale Malr茅chauff茅, Dora Mato拧i膰 from Croatian CSD and clearing house SKDD, Euroclear Bank鈥檚 Ilse Peeters, Mikolaos Porfyris from ATHEXCSD, Boris Toma啪 艩nuderi from KDD in Slovenia, and Florentin Soliva of Zurich-based Florentin Soliva.

Speaking about his re-election, Mark Gem says: 鈥淧ost-trade financial services are a source of competitive strength for Europe. Europe鈥檚 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.

鈥淓CSDA has played a leading role in our journey and I am proud to be part of it.鈥
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