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New ICMA Board Members

Date 18/11/2009

The International Capital Market Association (ICMA) has announced three new appointments to the board of the Association, with immediate effect. The new members of the board are: John Eldredge, Emirates NBD, Dubai; Massimo Mocio, Banca IMI SpA, Milan; Tim Skeet, Bank of America Merrill Lynch, London.

Commenting on the new board appointments, Hans-Joerg Rudloff, Chairman of the ICMA board said: “We are delighted to welcome three such experienced and widely respected market practitioners from widely differing institutions and geographic locations to the ICMA board. Their appointment cements ICMA’s commitment to its continuing mission to facilitate the efficient functioning of the international capital market to the benefit of its diverse constituencies”.

John Eldredge is currently General Manager, Global Markets and Treasury at Emirates NBD, Dubai, a position he has held since 2004. He was previously General Manager, Head of Treasury Investments & International Relations at Arab National Bank, Saudi Arabia and prior to that operated in a number of senior roles at Barclays Capital and Barclays Bank, in Europe and Australia.

Massimo Mocio was appointed Head of Finance and Capital Management at Banca IMI SpA (Intesa Sanpaolo Group), Milan in June 2009, and has held senior positions, with responsibility for trading in all asset classes, at major Italian banks. He is also Deputy Chairman of Assosim, the Italian Association of Investment Banks.

Tim Skeet joined Merrill Lynch in 2006 as Managing Director and head of the banks covered bond franchise. In a lengthy capital markets career he has worked for both European and Wall Street institutions and is a frequent speaker at industry events and advocate for the financial markets in the media. He is senior advisor to ICMA’s Covered Bond Investor Council and is the Chair of ICMA’s UK, Ireland and Americas region.