The International Capital Market Association (ICMA) is pleased to announce the appointment of Kevin Milne to the position of Managing Director of ICMA Ltd, the UK subsidiary mainly responsible for operating the Association’s technology products and services. Mr Milne, who joins ICMA on February 19, 2007, will be a member of ICMA’s Executive Committee. The post of Managing Director of ICMA Ltd was previously held for over 20 years by Royston Lambert who retired in January.
Commenting on the appointment René Karsenti, Executive President of ICMA, said: “Kevin’s formidable experience at the most senior levels in the global financial industry ideally equips him to take forward the Association and its successful transaction and market data services particularly at a time when our members face the challenge of gearing up to tackle the technology challenges posed by the implementation of the MiFID.”
Mr Milne has spent over 20 years in global financial markets having joined the London Stock Exchange, where he held various senior business development and management roles, at the time of Big Bang. He then went on to the Electronic Settlements Group of Thomson Financial and led that business in Europe, the Middle East, Africa, Asia and Australia until, and including, the merger with the DTCC that formed the OMGEO joint venture, where he held the role of Executive Managing Director – International until 2003. Having successfully led the integration of the two companies he subsequently held senior management positions with several global financial technology services and outsourcing providers before joining ICMA.
The International Capital Market Association is the self-regulatory organisation and trade association representing constituents and practitioners in the international capital market worldwide, with members located in 48 countries. ICMA’s current portfolio of services, delivered by ICMA Ltd, includes TRAX, its trade matching and transaction reporting system and also a comprehensive market data offering of prices, reference data and original prospectus documents, delivered to thousands of users in the global markets via major vendors such as Bloomberg and Reuters and ICMA’s own web based service icma-info.