ISMA Members Elect New Board Line-Up

Members of the International Securities Market Association (ISMA) have today elected one new member and re elected four existing members to the board of the Association. The elections to the board took place this morning at the ISMA annual general

By None

Members of the International Securities Market Association (ISMA) have today elected one new member and re-elected four existing members to the board of the Association. The elections to the board took place this morning at the ISMA annual general meeting in Basel.

The board members who have been re-elected this year are: Mr. David H. Burnett, HSBC Investment Bank plc, London; Mr. Walter Henniges, Deutsche Bank AG, Frankfurt; Mr. Gyula Pleschinger, Raiffeisen Bank Ltd., Budapest; and Mr. Michael H. Ridley, JP Morgan Securities Ltd., London. Each is entitled to serve a second three-year term. Mr. Geert J.A.I. Van der Heyden, Fortis Bank, Belgium, joins the board for the first time.

The ful Board line-up now is:

David H. Burnett* — HSBC Investment Bank plc, London

Cristiano Carrus — Banca Popolare di Verona – Banco S Geminiano E S. Prospero, Verona

Luc J. Caytan* (Deputy Chairman) — Kredietbank S.A. Luxembourgeoise, Luxembourg

Jonathan Chenevix-Trench — Morgan Stanley & Co. International Limited, London

Bernard Droux (Vice Chairman) — Lombard Odier & Cie., Geneva

Walter Henniges — Deutsche Bank AG, Frankfurt

John L. Langton* — ISMA, Zurich (Chief Executive and Secretary General)

Philippe Musette — Crdit Agricole Indosuez, Paris

Henrik Normann — Danske Bank A/S, Copenhagen

Jos Antonio Olavarrieta Arcos — Confederacin Espaola de Cajas de Ahorros (CECA), Madrid

Claudio Pisoni –Banca dello Stato del Cantone Ticino, Bellinzona

Gyula Pleschinger — Raiffeisen Bank Ltd., Budapest

Michael H. Ridley — J.P. Morgan plc, London

Mitchell Shivers — Merrill Lynch & Co. Inc., New York

Geert J.A.I. Van der Heyden — Fortis Bank, Belgium

Rijnhard W.F. van Tets* (Chairman) — ABN AMRO Bank N.V., Amsterdam

*members of the executive committee

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