The board’s function is to determine ICMA’s strategy and major policy matters of the Association and to supervise the Chief Executive, the executive committee and the functions of ICMA generally.

The following board committees assist it in performing its supervisory role:

  1. the audit, compliance and governance committee 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 ICMA
  2. the oversight committee supervises the executive committee and any committee established by the executive committee
  3. the compensation committee reviews and recommends the compensation of the Association’s senior executives to the board

The board comprises 22 members, 21 of which are normally elected by the general meeting and one of which, the Chief Executive, is appointed by the board. The term of office of each of the 21 elected board members is three years. At each ordinary general meeting one-third of the 21 elected board members (i.e. seven) must retire. Retiring board members may be re-elected for one additional consecutive term of office of three years. When a board member leaves the board prior to the expiry of his/her term of office the nomination committee appoints a successor to the board who completes the predecessor’s term of office. The Chief Executive is an “ex-officio” board member during the tenure as Chief Executive. The statutes stipulate that when considering the nomination of candidates for the board elections at the general meeting, the nomination committee’s selection of the candidates must reflect a balanced representation in the board of:

  • the geographic composition of the Association and the current importance in the international capital markets of particular regions or areas
  • the various functions in the markets

A candidate for board membership is typically expected 

  • to be involved in the capital markets’ business
  • to exercise a function at a senior level (managing director or equivalent) within his/her member firm
  • to be able to commit resources of his/her member firm in capital markets for ICMA activities
  • to be able to participate in ICMA committees and working groups as chairman or otherwise and to represent ICMA at conferences and other public events from time to time

The current board members are:

Janet Wilkinson Janet Wilkinson (Chair)
Managing Director, Head of Global Markets Flow Sales, EMEA
RBC Europe Limited, London
term: until the AGM 2025
Jean-Luc Lamarque Jean-Luc Lamarque (Deputy Chair)
Managing Director, Global Co-Head of Primary
Crédit Agricole Corporate and Investment Bank, London
term: until the AGM 2025
Gareth Allen Gareth Allen
Global Head of Treasury Assets, Group Treasury
UBS AG, London
term: until the AGM 2026
Adam Bothamley Adam Bothamley
Managing Director, Global Head of Debt Capital Markets
HSBC Bank PLC, London
term: until the AGM 2027
Charlotte Conlan Charlotte Conlan
Vice Chair, Global Leveraged Finance
BNP Paribas, London
term: until the AGM 2027
Malie Conway Malie Conway
Head of Global Clients & Growth Markets
Allianz Global Investors GmbH, London
term: until the AGM 2026
Fabianna Del Canto Fabianna Del Canto
Managing Director, Co-Head of EMEA Capital Markets
MUFG Securities EMEA plc, London
term: until the AGM 2027
Carey Evans Carey Evans
Managing Director, Co-Head of EMEA Government Affairs & Public Policy
BlackRock (Netherlands) B.V., Brussels Branch, Brussels
term: until the AGM 2027
Stephen Fisher Stephen Fisher
Global Head, Government & Public Affairs
Deutsche Bank AG, London
term: until the AGM 2025
Jérôme Jean Haegeli Jérôme Jean Haegeli
Group Chief Economist
Swiss Re Management Ltd, Zurich
term: until the AGM 2027
Reiko Hayashi Reiko Hayashi
Director and Deputy President
Bank of America Merrill Lynch, Tokyo
term: until the AGM 2026
Kun Hu Kun Hu
General Manager Investment Banking and Asset Management
Bank of China Limited, Beijing
term: until the AGM 2025
Marc Lewell Marc Lewell
Managing Director, APAC & EMEA Syndicate
J.P. Morgan Securities plc, London
term: until the AGM 2027
Cristiano Maffi Cristiano Maffi
Head of Global Markets Securities – IMI Corporate & Investment
Intesa Sanpaolo S.p.A., Milan
term: until the AGM 2026
Stéphane Malrait Stéphane Malrait
Head of Structure and Innovation
ING Bank N.V., London
term: until the AGM 2027
Bryan Pascoe (ex-officio as ICMA’s Chief Executive)
ICMA, London
term: n/a
Henrik Raber Henrik Raber
Managing Director, Global head Credit Markets
Standard Chartered Bank, Dubai
term: until the AGM 2025
Heleen van Rooijen Heleen van Rooijen
Head of Finance & Control
Nederlandse Waterschapsbank N.V., The Hague
term: until the AGM 2026
Claudio Vittorio Volpi  Claudio Vittorio Volpi
Head of ALM & Financial Planning
UniCredit Bank GmbH, Munich
term: until the AGM 2025
William Weaver William Weaver
Vice Chairman, International Debt Capital Markets
Citigroup Global Markets Limited, London
term: until the AGM 2026

Observer:
 
Christophe Roupie
Christophe Roupie
Head of EMEA and APAC and CEO
MarketAxess, London
Chair of ICMA's Market Infrastructure Advisory Group
ICMA Zurich
T: +41 44 363 4222
Dreikönigstrasse 8
8002 Zurich

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T: +44 20 7213 0310
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75002 Paris

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T: +32 2 801 13 88
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