International Governance Structure
The 永盈体育 FMA takes great pride in its international governance structure. Our Management听Board is comprised of senior volunteers from institutions in our regions, plus our Treasurer, and follows an established set of Statutes for guidance. The Management Board takes a number of important decisions, as suggested by the President Delegate, who acts in an executive capacity. The 永盈体育 FMA Council is the global governing body that oversees all activity, and is comprised of National Association presidents and secretaries for each of the member countries.
The Management Board has created three main committees to oversee that most important components of 永盈体育 FMA: The Committee for Professionalism, which governs our guidelines for good market practices and ethical conduct, the Foreign Exchange Committee, overseeing our view of major issues in the foreign exchange markets, and the Board of Education, responsible for the integrity of the suite of wholesale market-based exams, including tests on the ethical conduct components of our work. The Board also benefits from the work of the Audit Committee and from the work of other 永盈体育 FMA Working Groups (/working-groups-and-committees).
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永盈体育 FMA Management Board
The Management Board runs the 永盈体育 FMA internationally, with 永盈体育 Members elected by the 永盈体育 FMA Council.
It is comprised of the Chairman, Vice-Chairman, the Treasurer, a Representative of the Committees/Working Groups, and the Board members representing the 永盈体育 FMA 5 Regions.
The Chief Executive Officer may participate in the Management Board meetings as a non-voting member delegated by the Management Board.
St茅phane Malrait
Chairman
St茅phane Malrait is 永盈体育 FMA Chairman since June 2021 and was previously in the 永盈体育 FMA Management Board representing 永盈体育 FMA Working Groups and Committees.
St茅phane is board member and independent advisor for technology companies in听the fixed income and FX space working with advocacy groups, policymakers, and
regulators to follow the market structure and industry challenges impacting the听financial market industry.
St茅phane has been engaged with 永盈体育 FMA for more than 15 years, contributing to听different projects. Previously Stephane has chaired the 永盈体育 FMA FX Committee听since its creation in 2010 and was a member of the 永盈体育 FMA Crypto Working Group.听
St茅phane has also been a member of the public/private sector GFXC (Global FX听Committee) and the ECB FX Contact Group working on the FX Global Code and has听co-chaired the GFXC Algo and TCA sub-group looking at the 3-years review of the听FX Code.听
Stephane has a strong background in financial markets and understands the need听for continued technological development to drive positive change in trading and听market structure workflows.
In addition, St茅phane Malrait has a strong banking experience after fulfilling different听leading positions such as FX e-Commerce Business Manager at JPMorgan, Global听Head of FIC e-Commerce at Societe Generale and then at ING Bank where he was听Managing Director, Global Head of market structure and innovation for Financial听Markets.
St茅phane joined ING in 2015 to lead the bank e-commerce initiatives across all听financial market products and to develop the financial market group鈥檚 cross-asset听eCommerce strategy. He then lead ING Financial Market innovation strategy and听working on market structure regulations that will impact the clients trading activity听and transform how trading floor operates.
Before joining ING, Stephane spent eight years at Soci茅t茅 G茅n茅rale, where he was听Global Head of FIC eCommerce, creating an eCommerce business covering credit,听rates, money market, emerging market and FX.
Prior to this, St茅phane worked at JPMorgan Chase for ten years, serving in different听roles in Global FX E-Commerce Business Management and cross-asset听eCommerce technology and was based in London and New York.
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Franck Hebeisen
Treasurer
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Franck HEBEISEN has been 永盈体育 FMA Management Board Member since April 2024 and 永盈体育 FMA Treasurer since May 2024. In addition to this role, Franck is the Managing Director at 永盈体育 France AFTB. His commitment to the association is longstanding, having held various influential roles over the years: Board Member since 2000, and assumed the presidency of 永盈体育 France from 2006 to 2010. He was hired as Managing Director of the French association in 2014 and has been holding this function since with a dedication to developing cooperation with peer associations in Europe including the recent creation of EMMEC. His extensive experience and tenure within the organization highlight his contributions and dedication to its mission.
Furthermore, Franck's key role within 永盈体育 Europe/Euribor 永盈体育 includes founding the STEP task force in 2001, and successfully launching the STEP label in 2006, aimed at integrating the European Money Market. Additionally, as the last President of Euribor 永盈体育, he oversaw the association's termination and transferred its responsibilities relating to STEP to 永盈体育 FMA.
His journey in the financial sector began with a tenure at Soci茅t茅 G茅n茅rale CIB spanning from 1989 to mid-2012. During this time, Franck held pivotal positions including Head of Short Term Papers Desk, where he oversaw origination, trading, and distribution within Fixed Income, Capital Markets, Europe based in Paris. Previously, he had served as Co-Head of Corporate Bonds Trading and Distribution in New York and after having held various positions assisting the regional head of capital market activities for the UK, South Africa, and the USA.
Franck also holds a degree in Banking Finance from the E.SL.S.CA. Business School in Paris,
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Roy Daniels
Vice-Chairman & Africa President
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Roy Daniels is 永盈体育 FMA Vice-Chairman since September 2023. Roy Daniels is also 永盈体育 FMA Africa President since April 2020 and was re-elected in July 2023, but his story within the Association is long-standing and considers 20 years commitment.
Roy鈥檚 banking career began in Cape Town when he joined a banking branch of Standard Bank of South Africa. He was fortunate enough to start in the foreign exchange department, where his interest in FX began. Afterwards, Roy moved to the International Division in Johannesburg in 1987, before moving to Standard Bank London for 8 years (1992 鈥 2000). When Roy Daniels moved back to South Africa in 2000, his journey with the committee of 永盈体育 Forex began.
Roy is currently employed by Rand Merchant Bank (RMB), a division of FirstRand Group (FRG) in the role of Head of Trading for Sub Saharan Africa, excluding South Africa. He joined RMB in 2011.
Roy Daniels served in various roles for 永盈体育 FMA South Africa and as Chair, he was the serving Chair when South Africa successfully hosted the 永盈体育 FMA Global Congress in Cape Town 2009. He鈥檚 currently busy with his second term as Chair and will be stepping down in 2020.
His hobbies are golf and fishing and his passion is rugby.
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Shanaka C. Perera
Asia President
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Shanaka C. Perera is 永盈体育 FMA Asia President since May 2023. Shanaka has been an active member of 永盈体育 FMA through his close connection with Sri Lanka Forex Association, where he has held several positions as President (2017-2019), 2nd Vice President (2016-2017), Secretary (2015), Executive Committee member (2014-2022), just to name a few.
He had an active part in organising some of the most important events in the Region, such as the 58th 永盈体育 FMA World Congress (Chair of the Organising Committee), and represented the Sri Lanka Forex Association at many of the 永盈体育 FMA World Congresses and Council meetings. Furthermore, Shanaka has a keen interest in Education and has participated in many seminars and workshops related to educational topics.
Shanaka C. Perera has an extensive career spanning over 30 years and experience in financial markets. He will share his knowledge and expertise to the 永盈体育 FMA community, representing the interests of the Asia Region to the Management Board.
Shanaka is the Deputy General Manager / Head of Treasury at Seylan Bank PLC, Sri Lanka.
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Branko Petrovic
Europe co-President
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Branko Petrovic is 永盈体育 FMA Europe co-President since November 2020, but his involvement with 永盈体育 FMA started in 2015 when he was elected as President of 永盈体育 Serbia. Branko is currently serving the second mandate as President of 永盈体育 Serbia and will be stepping down in 2022.
Branko is committed to 永盈体育 FMA and has been actively involved in 永盈体育 FMA projects, such as participating in the creation of the 永盈体育 FMA Congress Blue Print Book, hosting the 永盈体育 FMA autumn meetings in Belgrade in 2016, leading the organization of an 永盈体育 CEE Congress initially planned to be hosted in Belgrade in March 2020, but finally replaced by an FX Global Code Webinar Program for CEE participants.
Branko Petrovic has an MBA from Alba Graduate Business School and 14 years of working experience in Treasury, Asset and Liability Management and Market Risk, working for respectable financial institutions in Serbia.
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J酶rn Luffe Sodborg
Europe co-President
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J酶rn Luffe Sodborg is 永盈体育 FMA Europe co-President since June 2021.
Besides being part of the 永盈体育 FMA Management Board, J酶rn Luffe Sodborg has a long banking career, counting with more than 35 years of experience.
Currently and since 2015, he鈥檚 the Head of e-Business & Distribution FX & Liquidity at Jyske Bank. Most of his professional path took place at the Jyske Bank, where he held several leadership roles nevertheless, J酶rn鈥檚 career counts also with professional experiences at the First National Bank of Chicago, London Branch as Senior Dealer Spot FX (1994-1996); at Citibank, Copenhagen as Trainee and Ass. Manager Spot FX (1989-1990) and at Vestjysk Bank for the traditional all-around retail banking education (1985-1989) where he began his career.
In addition, J酶rn Luffe Sodborg has been for a very long time committed to 永盈体育, being a member since 1990.
Furthermore, he鈥檚 has been a Board member and Secretary at 永盈体育 Forex Denmark since 2004. Moreover, he鈥檚 a member of the Committee for Professionalism since 2015 and has been a member of the Scandinavian FX Committee, since its foundation, in 2018.
On a personal note, Luffe, as he鈥檚 well-known in the industry, likes to travel, explore nature, cycle, and walking.
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Khaldoon Al-Janini
Middle-East President
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Khaldoon Al-Janini is the 永盈体育 FMA Middle-East President since April 2021 and has been the 永盈体育 Jordan President since 2017.
He holds an MBA, and BSc. in Business Administration and Economics from the University of Jordan.
Khaldoon has more than 26 years of experience in the financial markets and ALM and he is currently the Head of Treasury at Arab Bank 鈥 Jordan.
Khaldoon is committed to 永盈体育 FMA and it's core values. Given the importance of training and knowledge, Khaldoon consecutively has taken the 永盈体育 Dealing and Diploma exams, promoted by 永盈体育 FMA. In addition, he contributes tirelessly to promote the highest global standards of professionalism and ethical conduct, via 永盈体育 Jordan.
Khaldoon is also a holder of STA Diploma from the Society of Technical Analysis 鈥 UK.
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Anne-Maria Rothenstein
Working Groups and Committees Representative
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Anne-Maria Rothenstein is an internationally experienced, bi-lingual compliance executive and non-executive Director with over three decades of experience and deep expertise in International Capital Markets (FICC) and Financial Markets Regulation and Compliance (FLOD & SLOD). She has had extensive experience of leading, working with/advising, and sitting on senior internal/external committees, boards, and executive teams driving effective, strategic regulatory, and governance change and implementation. Furthermore, she brings a demonstrable track record of strategic, commercial, and operational success working internationally (London, New York, Frankfurt & Brussels) with global financial institutions/investment banks, exchanges, and clearing houses.
Ms. Rothenstein is a member of the 永盈体育 FXC 鈥 the global FX committee of the 永盈体育 Financial Markets Association (Trade Association) and the 永盈体育 RWG. In this capacity, she has authored/co-authored the 永盈体育 FMA鈥檚 consultation responses to various global and national regulators including the 永盈体育 FMA鈥檚 response to ESMA on MIFID 2 Transparency Addendum, as well as 永盈体育 FMA/FXC鈥檚 response to BoE/FCA/HMT consultation on鈥 Fair and Effective Markets Review鈥. She is the Compliance Committee Chairperson for Quorum 15 and additionally sits on the Lysis Advisory Board. Since April 2021 she has been the Group Chief Compliance Officer for B2C2 Ltd., the premier global Crypto Liquidity provider.
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永盈体育 FMA Council
The 永盈体育 FMA Council is composed of the 永盈体育 FMA President and Secretary of every 永盈体育 National Association.
Find council representatives of National Associations:
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