The European Association Of Clearing Houses (EACH) Appoints Rafael Plata As Its First Secretary General

The European Association of CCP Clearing Houses (EACH), the industry group that represents the interests of Clearing Houses in Europe, has appointed Rafael Plata as Secretary General. The appointment was made during the EACH General Assembly that took place on September, 25th in Geneva.

Plata is a public affairs professional with over ten years experience in the financial services sector. He will be based in Brussels and act as EACH’s representative in dealing with public authorities and further stakeholders. He joins from the Federation of European Securities Exchanges (FESE) where he currently coordinates its policy matters.

EACH Chairman Marcus Zickwolff said: “On behalf of our association I welcome Rafael. We are looking forward to working with him as all EACH members were fully supportive of Rafael’s appointment as the first EACH Secretary General. Based on Rafael’s deep knowledge of clearing and policy issues, we are confident that EACH, representing 22 CCPs, will have a stronger voice in regulatory discussions and consultations.”

Rafael Plata added: “I am honoured to be chosen by EACH to be their voice in Brussels. CCPs have been recognized by policy makers as crucial infrastructures that ensure efficient and safe financial markets. I am looking forward to working with EACH members and policy makers to further improve communication in the interests of financial markets.”

Plata will join EACH on January, 1st 2014.