GFMA elects new leadership team 22 October 2019Washington DC Reporter: Jenna Lomax
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The Global Financial Markets Association (GFMA) has made three appointments to its leadership team.
Steve Ashley, senior managing director, head of wholesale at Nomura, has been appointed as chair of GFMA, replacing Sylvie Matherat, chief regulatory officer and management board member at Deutsche Bank AG.
In addition, Olivier Osty and Walter Dolhare have been appointed as GMFA vice chairs.
Osty has been head of global markets at BNP Paribas since 2016, where he is responsible for the bank’s capital markets business.
Osty also currently serves as a vice chair for the Association of Financial Markets in Europe.
Dolhare has been executive vice president, co-head of Wells Fargo Corporate and Investment Banking, president of Wells Fargo Securities and co-head of Wells Fargo International since 2018.
Dolhare also serves in leadership roles on boards for several Wells Fargo subsidiaries, industry associations and nonprofits.
Commenting on his new role, Ashley said: “I am delighted and feel privileged to assume the role of GFMA chairman at a time of significant change and continuous challenges across global financial markets.”
He added: “The GFMA continues to play a key role in helping to shape the evolution of capital markets, as we adapt to developments in sustainable finance, new technologies and the wider regulatory environment.”
Kenneth Bentsen, CEO of GFMA and president and CEO of the Securities Industry and Financial Markets Association, commented: “I would like to congratulate Steve Ashley, Olivier Osty and Walter Dolhare on their new roles with the GFMA. GFMA is well positioned as a substantive global collective voice for capital markets before global and regional regulators.”
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