Tanguy van de Werve, director general of both Leaseurope and Eurofinas has resigned from both organisations after a nine-year period.
He has decided to join the Association for Financial Markets in Europe (AFME) as managing director, advocacy and head of its Brussels office.
AFME was formed in November 2009 through the merger of the London Investment Banking Association (LIBA) and the European arm of the Securities Industries and Financial Markets Association.
Simon Lewis, chief executive of AFME said: “We are delighted that Tanguy van de Werve is joining AFME in this vital role in Brussels. He combines a deep knowledge of the financial services industry and European institutions with direct experience of European membership organisations.
“We are at a turning point as post-crisis regulation is re-shaping Europe’s capital markets with the aim of fostering economic and employment growth across Europe. AFME’s Brussels office has developed a significant presence since 2011 and Tanguy will have an important role to play in taking our advocacy work forward.”
Van de Werve has over 20-years’ experience in a range of different financial services roles in Brussels. Prior to his time with Leaseurope and Eurofinas, he worked at the European Banking Federation (EBF) as head of financial markets and banking supervision and as member of the EBF management committee.
A statement from Leaseurope/Eurofinance stressed: “Under his leadership both Federations have undergone a profound transformation and have become highly regarded trade bodies in Brussels and beyond. Also the number of members increased substantially and numerous value-added projects and initiatives were launched, very much to the satisfaction of the members as evidenced year after year by the results of the annual membership satisfaction survey.”
Van de Werve is to stay in office until the annual conventions of both industries in October 2015.
The recruitment process for his replacement has already commenced.
AFME aims to promote “fair, orderly, and efficient European wholesale capital markets and provide leadership in advancing the interests of all market participants”.
It represents a broad array of European and global participants in the wholesale financial markets. Its members comprise pan-EU and global banks as well as key regional banks, brokers, law firms, investors and other financial market participants. AFME participates in a global alliance with the Securities Industry and Financial Markets Association (SIFMA) in the US, and the Asia Securities Industry and Financial Markets Association (ASIFMA) through the GFMA (Global Financial Markets Association).
