Verena Ross Takes up Duties as ESMA Chair11.04.2021
Verena Ross has started in her new position as Chair of the European Securities and Markets Authority (ESMA), the EU’s securities markets regulator.
She starts a 5-year term, renewable once, in a time when ESMA embarks on a new chapter with more supervision powers & a focus on #SustainableFinanceEU, #DigitalFinanceEU & #CMU.https://t.co/TtOSdrKnqH pic.twitter.com/YjU4CfpRGg
— ESMA – EU Securities Markets Regulator 🇪🇺 (@ESMAComms) November 3, 2021
Ms Ross, commenting on her appointment, said:
“I feel very privileged to take on the role of ESMA Chair at such an exciting time.”
“I look forward to leading this wonderful organisation as it faces an ambitious agenda driving regulatory alignment and supervisory convergence, acting as a direct supervisor, and dealing with new challenges and opportunities in the European capital markets.”
“Working closely with the members of the Board of Supervisors and the team of committed colleagues, I am ready to build upon the successes of the past and to ensure that ESMA fulfils its mission of protecting European investors and safeguarding stable and orderly financial markets.”
“I would also like to take this opportunity to thank Anneli Tuominen, who has done a fantastic job in leading ESMA as its interim Chair for the past seven months. Her untiring commitment has allowed ESMA to continue delivering on its mandate during this transitory phase.”
Ms Ross took over her role on 1 November 2021 for a period of five years. This term may be extended once.
Verena Ross, a German national, holds a degree in Chinese studies and economics and a Master’s degree in economics. Before taking on the position of ESMA chair, she worked as the Authority’s Executive Director for ten years. Prior to this, Ms Ross held several senior posts in the UK’s Financial Services Authority.
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