The European Association Of CCP Clearing Houses (EACH) Elects New Board And Chairman

During its annual General Assembly on 13^th April 2016, the 20 members of the European Association of CCP Clearing Houses (EACH) elected the following Board members for a two-year mandate:

• Chair - Simon Turek, Senior Director, Government Relations CME Group, CME Clearing Europe
• Vice-Chair - Tim Grange, Director of Regulatory Policy, ICE Clear Europe
• Vice-Chair - Oliver Haderup, Chief Compliance Officer, Eurex Clearing
• Vice-Chair - Corentine Poilvet-Clediere, Head of Regulatory Strategy and Post Trade Policy, Europe, LSEG, LCH Group
• Member - Xavier Aguila, Managing Director Operations, BME Clearing
• Member - Erica Brown, Head of International Affairs, Nasdaq Clearing
• Member - Arnoud Siegmann, Chief Risk Officer, EuroCCP
• Member - Marcin Truchanowicz, Managing Director, Chief Risk Officer, KDPW_CCP

EACH Secretary General Rafael Plata made the following statement: ‘The caliber and diversity of the newly elected EACH Board ensures that EACH is driven by outstanding leadership and industry expertise. I am looking forward to working with Chairman Simon Turek, Members of the Board and the whole EACH Membership in order to continue contributing to safer, more efficient and transparent capital markets’.

The EACH Board made the following statement: ‘CCP Clearing Houses play a fundamental role in the safety and security of the global financial system.  EACH has a long history of supporting the role of CCP Clearing Houses in Europe and we are all pleased to be involved in coordinating EACH’s work in support of global financial stability.’