The Investment Association (IA) has promoted Johannes Woelfing to the newly created position of Head of European Affairs as part of the trade association’s move to increase its permanent presence in Brussels.

Johannes, formerly Regulatory and Legal Specialist, has been with the IA for four years and will be the IA’s main representative in Brussels as of 1 September 2018. He will be responsible for the IA’s policy work with regards to the EU and setting up the IA’s new Brussels office.

Johannes has led the IA’s work on macro prudential regulation and financial stability, and is a member of EFAMA’s Financial Stability & Prudential Requirements Working Group. He was previously a Political Advisor at the European Parliament and originally trained as a lawyer in Germany.

Chris Cummings, Chief Executive of the Investment Association said:

“With more than £1.4 trillion of European assets managed in the UK, a figure that is growing every year, it is essential that the IA has a more permanent voice in Brussels that can help represent our industry and the clients they serve at a European level.

“I am therefore delighted to promote Johannes to the new role of Head of European Affairs at the IA. Johannes’ industry, legal and policy experience within the European Parliament and the IA will be valuable to ensure the asset management industry’s voice is better understood by policy makers and regulators in Europe.”

Source: Investment Association