(a) the audit, compliance and governance committee which oversees compliance by the Association with all laws, rules and regulations applicable to it in order to enable the board to conduct appropriate supervision of the Association’s regulatory affairs and for overseeing, controlling and reporting on the budgetary process and financial control of the Association;
(b) the oversight committee which supervises the executive committee and any committee established by the executive committee; and
(c) the compensation committee which reviews and recommends the compensation of the Association’s senior executives to the board.
Under ICMA's statutes, one third of the total number of board members - excluding the Chief Executive - must retire at each ordinary general meeting. Retiring members may be re-elected for not more than one additional consecutive term of office of three years.Spencer Lake (Chairman)
HSBC Bank plc
Jens Peter Leschly Neergaard (Deputy chairman)
Danske Bank A/S, London Branch
Martin Egan (Vice chairman)
J.P. Morgan Securities plc
BlackRock Investment Management (UK) Limited
Bertrand de Mazières
European Investment Bank
Godfried De Vidts
ICAP Securities Ltd
Morgan Stanley International PLC
KBC Bank N.V.
Credit Suisse AG
RBC Europe Limited
Barclays Bank PLC
NN Investment Partners B.V.
Bank of China Limited, London Branch
Merrill Lynch International MLI (Bank of America)
Intesa Sanpaolo S.p.A.
Under ICMA's statutes, candidates for board membership must be experienced and suitable persons associated with an ICMA member (other than an associate member). The selection of the candidates must reflect a balanced representation in the board of the geographical composition of the Association and the current importance in the international securities markets of particular regions or areas, and the various functions in the markets.