The Board of Supervisors of ESMA yesterday re-elected for 30 months three of its Management Board members, namely Jean Guill (Luxembourg), Kurt Pribil (Austria) and Fernando Restoy (Spain). An election was held for those members of the Management Board whose terms had come to an end.
The Management Board of ESMA is made up of six members and deals with operational issues of the Authority. Members are elected by ESMA’s ultimate decision taking body, the Board of Supervisors which comprises the heads of the 27 national securities supervisors in the EU and is chaired by the Chair of ESMA.
The Management Board of ESMA is chaired by ESMA Chair Steven Maijoor. Following yesterday’s election, the other Management Board members are as follows:
- Karl-Burkhard Caspari, Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Germany;
- Jean Guill, Commission de Surveillance du Secteur Financier (CSSF), Luxembourg;
- Raul Malmstein, Finantsinspektsioon, Estonia;
- Kurt Pribil, Finanzmarktaufsicht (FMA), Austria;
- Fernando Restoy, Comisión Nacional del Mercado de Valores (CNMV), Spain.
- Martin Wheatley, Financial Services Authority (FSA), UK;
More information and a photograph of ESMA’s Management Board can be found here: http://www.esma.europa.eu/page/esma-management-board