The Board of Supervisors of the European Securities and Markets Authority (ESMA) has appointed Anneli Tuominen as its Vice Chair. Tuominen, who is the Director-General of the Finnish Finanssivalvonta (FIN-FSA), will serve a 2.5 year term effective immediately.  

She replaces Carlos Tavares, former Chairman of the Portuguese Comissão Do Mercado De Valores Mobiliários (CMVM), whose has completed his term.
 
Steven Maijoor, ESMA Chair, says: “I am delighted to announce the appointment of Anneli Tuominen as ESMA Vice Chair. As one of our longest serving members she has demonstrated her commitment to supporting ESMA in the pursuit of its goals, through her active participation as a Board Member and her previous chairmanship of the Financial Innovation Standing Committee. I look forward to working with her.
 
“Finally, I would like to pay tribute to Carlos Tavares who, through his contribution as Vice Chair of ESMA, as well as his roles at CESR, has made an enormous contribution to ESMA’s success to date. I wish him well for the future.”