The International Swaps and Derivatives Association, Inc. (ISDA) has unveiled a revamped panel of directors following the election of three new executives to its Board of Directors, including a number of industry mainstays, according to an ISDA statement.
ISDA focuses on the global derivatives marketplace and industry, boasting over 850 member institutions from 67 countries. More specifically, the group engages in risk management practices and processes, whilst working constructively with policymakers and legislators around the world to help advance and engender understanding and treatment of derivatives as a risk management tool.
Per the new cycle, ISDA has elected three new directors including John Feeney, the Head of Pricing and Conduct Coordination at National Australia Bank (NAB), Benjamin Jacquard, Global Head of Credit at BNP Paribas, and Hideo Kitano, Managing Director, Head of Credit Trading Department at Nomura Securities Co., Ltd.
In addition, seven existing directors were re-elected, including the following:
– Keith Bailey, Managing Director, Market Structure, Barclays
– Biswarup Chatterjee, Global Head Electronic Trading & New Business Development, Credit Markets, Citigroup Global Markets
– Elie El Hayek, Managing Director, Global Head of Fixed Income, HSBC Bank Plc.
– Diane Genova, General Counsel, Corporate and Regulatory Law, JP Morgan Chase & Co.
– Dixit Joshi, Managing Director, Head of Institutional Client Group – Debt, and Listed Derivatives and Markets Clearing, Deutsche Bank AG
– Will Roberts, Head of Global Rates, Structured Credit Trading and Counterparty Portfolio Management, Bank of America Merrill Lynch
– Guy Saidenberg, Head of EMEA Emerging Markets Trading, Global Head of Securities Division Sales Strats and Structuring, Goldman Sachs International
According to ISDA’s Chairman Eric Litvack in a recent statement on the elected appointees: “We’re delighted to welcome John, Benjamin and Kitano-san to the ISDA Board of Directors. They come with vast derivatives markets knowledge and experience across multiple regions, and I’m sure they will make an important contribution to ISDA’s mission of fostering safe and efficient markets.”
Earlier today, ISDA published a new tranche of documents that was . The first document in the series which was released today is entitled the 2016 Credit Support Annex for Variation Margin for use with New York law, and will allow parties to negotiate collateral terms that comply with variation margin requirements under the new rules.
Be First to Comment