The Association for Financial Markets in Europe (AFME) has appointed Caroline Liesegang as managing director, head of prudential regulation and research, leading the association’s work on the prudential framework for banks.
Liesegang succeeds Michael Lever, who retired at the end of 2021, after 10 years of service at the association.
Prior to joining AFME, Liesegang was the UK chief risk officer for the London branch of Commerzbank AG, where she headed the UK risk function.
Before working for Commerzbank AG, Liesegang was deputy head of division of the European Central Bank’s soft systems methodology analysis and methodological support division.
Liesegang also worked for the European Banking Authority between 2013 and 2014 as a senior stress testing expert, coordinating EU-wide stress tests.
Before this, Liesegang worked as a senior banking supervisor for the Deutsche Bundesbank between 2004 and 2010.
Commenting on her new role, Liesegang says: “AFME is a well-respected voice with the regulatory and supervisory community on prudential issues, and I am delighted to be taking up the role and further developing AFME’s contribution at this critical juncture.”
Adam Farkas, chief executive at AFME, comments: “Given Caroline’s extensive experience and strong relationships, she has the right skills to lead the work of our prudential division. Caroline's appointment comes at a key moment for our members as the final Basel 3 rules are negotiated and implemented in the EU and UK. We look forward to working with Caroline as she leads on this important work going forward.”
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