ICMA's board
The board is responsible (i) for determining the strategy and major policy matters of the Association within its stated objectives (article 2 of the statutes); and (ii) for supervising the Chief Executive, the executive committee and the functions of ICMA generally. The board consists of 22 members (3 board members currently pending), one of which is the Chief Executive. Board members do not receive compensation from the Association (other than the Chief Executive). The board has established the following committees assisting it in performing its supervisory role:
 

(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
London

Jens Peter Leschly Neergaard
(Deputy chairman)
Danske Bank A/S, London Branch
London

Martin Egan
(Vice chairman)
BNP Paribas
London

Marc Baignères
J.P. Morgan Securities plc
London

Joanna Cound
BlackRock Investment Management (UK) Limited
London

Bertrand de Mazières
European Investment Bank
Luxembourg

Godfried De Vidts
ICAP Securities Ltd
London

Mandy DeFilippo
Morgan Stanley International PLC
London

Werner Eetezonne
KBC Bank N.V.
Brussels

Nannette Hechler-Fayd’Herbe
Credit Suisse AG
Zurich

Sian Hurrell
RBC Europe Limited
London

John Langley
Barclays Bank PLC
London

Fabio Lisanti
BSI SA
London

Roman Schmidt

Commerzbank AG
Frankfurt

Hans Stoter
NN Investment Partners B.V.
The Hague

Yu Sun
Bank of China Limited, London Branch
London

Marc Tempelman
Merrill Lynch International MLI (Bank of America)
London

Camilla Tinari
Intesa Sanpaolo S.p.A.
Milan

Martin Scheck
Chief Executive
ICMA
Zurich

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.

ICMA Executive Education