The International Capital Market Association (ICMA) has appointed Andy Hill and Natalie Westerbarkey as co-heads of ICMA’s Market Practice and Regulatory Policy (MPRP) team. Effective from 1 July, Hill will lead the association's work on market practice, while Westerbarkey will lead on public policy and advocacy. Both Hill and Westerbarkey will become members of ICMA's executive committee and report directly to the chief executive, Bryan Pascoe. Currently, Hill is senior director and deputy head of MPRP, with primary responsibility for the work on secondary markets and repo, and collateral. Prior to joining ICMA in 2014, Andy was a repo and money market trader for 18 years. Westerbarkey brings extensive buy side, sell side and cross-regional policy experience to ICMA, with 25 years of financial services industry experience. She has headed EU Public Policy at Fidelity since 2017 and, prior to that, worked at the Abu Dhabi Investment Authority and Citigroup in broader policy roles. Westerbarkey will officially start at ICMA on 3 June. Both Hill and Westerbarkey will work closely together to lead and maximise the impact of the MPRP team. A spokesperson for the association commented: “As the scope and complexity of ICMA’s work increases across both the regulatory agenda and the need to drive effective market standards, the new co-head structure will enable a more dedicated senior focus and take a forward-looking position to enhance the impact of ICMA's work.”
