Home   News   Features   Interviews   Magazine Archive   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way,

Global Asset Servicing News and Commentary.
≔ Menu
Securites Lending Times logo
Leading the Way,

Global Asset Servicing News and Commentary.
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. Steven Maijoor to step down as ESMA chair
Industry news

Steven Maijoor to step down as ESMA chair


15 July 2020 Paris
Reporter: Rebecca Delaney

Generic business image for news article
Image: ADragan/Shutterstock
The European Securities and Market Authority's (ESMA) current chair Steven Maijoor is set to step down on 31 March 2021, after serving the maximum ten-year term permitted under ESMA regulations.

Maijoor’s successor will be confirmed by the European Parliament and formally appointed by the Council of the European Union.

Based in Paris, the position is a full-time independent professional as the head and external representative of ESMA, with responsibilities including development of the authority’s long-term strategy and objectives.

In addition, the role appoints the chair of ESMA as chair and voting member of the board of supervisors and the management board.

During the application process, which closes on 2 September, candidates will be interviewed by both the selection board and the board of supervisors before the commission forms a shortlist.

Following council confirmation, Maijoor’s successor will begin on 1 April 2021 under a five-year contract.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →