The Securities Industry and Financial Markets Association (SIFMA) has appointed Timothy Ryan, Jr. as its new CEO, replacing Mark Lackritz, who retired 31 December 2007. Ryan will spend the remainder of January visiting with regional members and other major constituents. Beginning in early February, he will be headquartered in SIFMA’s New York office.
“After a thorough six month search, it became crystal clear to the SIFMA search committee that Tim had the right mix of hands-on industry and product knowledge, keen command of domestic and global public policy, and proven leadership skills. His experience and expertise will be of great value in further establishing SIFMA as the powerful voice of the securities industry and global financial markets,” says Blythe Masters, chairman of SIFMA and head of Global Commodities at J.P. Morgan.
Ryan was vice chairman of Investment Banking for Financial Institutions and Governments at J.P. Morgan and a member of the Investment Banking Coverage Management Committee.
“I’m flattered and excited to be selected to run an organization as important and respected as SIFMA. I look forward to working with the board and SIFMA’s senior management to drive their goals of ensuring the public’s trust in the securities industry and financial markets; promoting effective, efficient regulation; facilitating more open and competitive global capital markets, as well as championing investor education and retirement savings,” says Ryan.
Ryan is a graduate of Villanova University and American University Law School. He is also a director of the US Japan Foundation, the International Foundation for Election Systems, and the Mortgage Roundtable. He is a private sector member of the Global Markets Advisory Committee for the National Intelligence Council.