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The Federation of European Securities Exchanges (FESE) today announced that Judith Hardt, Director General, will step down from her role on 23 May.
Judith Hardt has been with FESE since 2005 and has led the organisation through a number of high profile mandates such as the development of the Code of Conduct on Clearing and Settlement for which Judith Hardt was nominated 'lobbyist of the year'; the review of MIFID to reverse some of the negative impacts of MIFID I and developing industry thinking to improve SME financing. In addition, there have been numerous other regulatory initiatives in which Judith Hardt has helped the FESE steer through review and implementation.
During Hardt’s tenure FESE has become more focused and more effective in promoting the value of regulated exchanges through its activities across numerous mandates and improved interaction with actors in the financial and political landscape within Brussels and abroad.
FESE will commence a selection process to identify a successor.
Christian Katz, President of FESE said “I would like to thank Judith Hardt for all her hard work and tireless dedication to the Federation and our industry over the past nine years. FESE is now more organized and focused due to Judith’s leadership. On behalf of the Board and the entire Membership of the Federation we wish Judith Hardt well in her new endeavours”.
Judith Hardt said “After nearly 10 years at FESE and with the successful outcomes of MiFID II for exchanges, I believe that now is a good time to explore new opportunities. I immensely enjoyed leading this association during a fascinating period of fundamental regulatory overhaul and industry consolidation. I have also been privileged to work with incredible staff. I know that the dedication of the FESE team will ensure a seamless transition".
