These are the confirmed speakers and panelists for the 53rd General Assembly and Annual Meeting of the World Federation of Exchanges.
Holds a master and a PhD in political science from Oxford University. From 1991 to 2004 he was a professor and researcher at the CIDE in Mexico. From 1995 he was the principal of this institution, until he was appointed Ambassador and permanent representative of Mexico at the OECD. In 2006 he returned to the CIDE as professor and researcher. Carlos is a member of the National Researchers' System in Mexico. He has authored academic papers in topics such as compared politics, political economy of the fiscal reforms and structural reforms, and the reasons and implications of the abbeas corpus. His last published books are Con dinero y sin dinero... Nuestro ineficaz, precario e injusto equilibrio fiscal en 2012 and previously Por eso estamos como estamos. La economía política de un crecimiento mediocre, in 2011.
Mr. Preuss is a Member of the Executive Board and Deputy CEO of Deutsche Börse AG as well as CEO of the Executive Boards of Eurex Zürich AG, Eurex Frankfurt AG, and Eurex Clearing AG. He joined Deutsche Terminbörse (DTB), the electronic German futures and options exchange and predecessor of Eurex, in 1990.In 1994 Mr. Preuss was appointed a Member of Deutsche Börse AG Group management, and in 1998 he became a Member of the Executive Boards of the newly established Eurex. In 2000 he became President of Trading Technologies International Inc. in Chicago before accepting the positions of COO, Member of the Board and (since 2003) Partner for Mako Group. He studied Business Administration.
Mr. Téllez holds a BA in Economics from ITAM and a Ph.D. in Economics from MIT. He is currently Chairman of the Board and CEO of the Mexican Stock Exchange. In the past 20 years he served as Secretary of Communications and Transportation (2006-2009), Secretary of Energy (1997-2000) and Chief of Staff of President of Mexico (1994-1997). Téllez was also Deputy Secretary of Agriculture (1990-1993) and head economist at the treasury. In the private sector he led the Carlyle Group in Mexico (2003-2006), and was CEO of Desc (2001-2003). He is the Mexican associate of McLarty Associates and currently serves on the board of Sempra Energy.
Robert C. Merton is University Professor Emeritus at Harvard Business School, where he was the George Fisher Baker Professor of Business Administration from 1988 to 1998 and the John and Natty McArthur University Professor from 1998 until his retirement in 2010. He is currently the School of Management Distinguished Professor of Finance at MIT’s Sloan School of Management, where he previously served on the finance faculty from 1970 until 1988. Merton is past President of the American Finance Association, a member of the National Academy of Sciences.He received the Alfred Nobel Memorial Prize in Economic Sciences in 1997 for a new method to determine the value of derivatives.
Brodsky assumed this role in May 2013, after serving as CBOE Chairman and Chief Executive Officer (1997 - 2013). In 2008, he was the first leader of a derivatives exchange to be named as Chairman of the WFE and served in that capacity from 2009 until 2011. He was also the former Chairman of the International Options Markets Association (2007- 08). Prior to joining CBOE, he served for 15 years at Chicago Mercantile Exchange. He joined CME in 1982 as Executive VP and CEO and, in 1985, was named President and CEO, a post he held until joining CBOE in 1997. Brodsky began his career as an attorney with Model, Roland and Co. in 1968. In 1974, he joined the American Stock Exchange.
Mr. Francisco Gil Diaz has been the President at Telefonica Moviles Mexico S.A. de C.V. since 2007. Mr. Gil serves as Secretary of Finance and Public Credit at Central American Bank for Economic Integration. He served as Treasury Secretary of Telefonica Moviles Mexico (2000-2006). He serves as Chairman of Telefónica Finanzas México, S.A. de C.V. and has been its Director since 2007. He has been an Independent Director of Bolsa Mexicana de Valores since 2008. He served as Governor of Inter-American Development Bank. He served as Governor of The European Bank for Reconstruction and Development.
Rodrigo Rato has been Vice President of the Spanish Government and Minister of Economy from 1996 to 2004. Afterwards he succeeded Horst Köhler as Managing Director and Chairman of the Executive Board of the International Monetary Fund, stepping down on October 31, 2007. Currently, he is serving as Managing Director of the investment bank Lazard. He earned a law degree in 1971 from the Universidad Complutense in Madrid, and a Master of Business Administration from the University of California at Berkeley in 1974. In 2003, he earned a PhD in Economics from the Universidad Complutense.
He joined BTG as a partner in 2008. Prior to BTG he held several positions at UBS AG, including Chairman and CEO, Global Head of Equities, Head of Equities for the Americas and Head of Asia-Pacific Equities. Prior to joining UBS AG, he worked at BZW Investment Bank and Hill Samuel. Mr. Jenkins has spent most of his career based in Asia and the USA. He received his bachelor's degree with honors in sociology and psychology from the University of Liverpool, his MBA from the London Business School and has recently participated in the Executives in Residence program at the London Business School.
Mr. Chen Dongzheng has been chairman of Shenzhen Stock Exchange (SZSE) since 2001. In the past 12 years, he led development of a multi-tiered capital market in SZSE, providing a financing platform for emerging companies at different stages of growth. Under his leadership, SME Board and ChiNext Market were created in 2004 and 2009. Mr. Chen is member of Chinese People’s Political Consultative Conference, China's advisory body. He served as Vice Chairman at China Securities Regulatory Commission from 1997 through 2001. And he worked for the State Council from 1987 through 1997. Mr. Chen received higher education at Renmin (People’s) University of China.
Mr. Sánchez is a Member of the Governing Board and Vice Governor at the Bank of Mexico, Mexico’s central bank. Prior to this appointment, he was Director of Investment at Valanza México, the private equity unit of BBVA. He joined Bancomer Financial Group, now BBVA Bancomer Financial Group, in 1993 as Director of Financial Analysis and Investor Relations. During 1995 - 97 he was Director of Planning and Finance at the group’s Service Banking Division. Afterwards and until 2004, he was the group’s Chief Economist. Previously, Sánchez was Director General of the Center for Economic Analysis and Research at ITAM. He holds an M.A. and a Ph.D. in economics from the University of Chicago.
Steve is responsible for Fidessa’s global strategic direction. He heads up the firm’s strategy in response to the changing trading landscape, as regulation and technology combine in different ways across different geographic regions. He has written a number of white papers on this and other industry topics. Steve is a frequent commentator in the business press. On joining Fidessa in 2004 he led the development of the company’s multi-asset trading capabilities. He was previously founder and CEO of specialist derivatives software house Future.
Has served as president and CEO of the ICI since 2004. Previously, he was ICI's general counsel. Outside ICI, Stevens' career has included varied roles in private law practice, as corporate counsel, and in government service. He was a leader of the financial services practice of Dechert LLP, and general counsel for mutual funds and international enterprise at Charles Schwab & Co., Inc. Earlier in his career, Stevens served as special assistant for national security affairs to President Reagan, as executive secretary and legal adviser of the National Security Council, and in other senior positions. A Scholar of the House at Yale University, Stevens received his B.A., magna cum laude, in 1974; he received a J.D. from the University of Virginia in 1978.
Mr. Jochumsen is Executive Vice President of Transaction Services Nordics for The NASDAQ OMX Group, Inc., the world's largest exchange company. Transaction Services Nordics is an integrated marketplace of eight independent Nordic and Baltic exchanges. Furthermore, Jochumsen oversees Broker Services, NASDAQ OMX's offering of back office and custody solutions to Nordic clients. Prior to the merger between NASDAQ and OMX, he served as President and member of the OMX Executive Team. Previously, Jochumsen served as President and CEO of Copenhagen Stock Exchange and FUTOP Clearingcentralen Ltd. Since 2011 Jochumsen is Chairman of FESE, Federation of European Securities Exchanges.
Joe is the President and Chief Operating Officer of Rosenblatt Securities. Joe is formerly a securities lawyer with Sullivan & Cromwell, a Vice President in the equities division with Salomon Smith Barney and COO of Linx, a block trading ATS. He received his B.A. in Public and International Affairs at Princeton’s Woodrow Wilson School and his J.D. from Harvard Law School. He is a member of the Advisory Board of the Journal of Trading and a member of the Board of the National Organization of Investment Professionals.
Susan Greenglass became Director of the Market Regulation Branch at the OSC in 2009. The Market Regulation Branch is responsible for regulating market infrastructure entities in Ontario, including exchanges, alternative trading systems, self-regulatory organizations and clearing agencies, and for developing policy relating to market structure and clearing and settlement. Ms. Greenglass joined the OSC in 1997 and was Manager, Market Regulation, before taking on her current role. As Director, Susan is also a member of the OSC Executive Management Team.
Enrique Peña holds a BA in Law from the Universidad Panamericana and a MA in Business Administration from ITESM. He joined public service at an early age, occupying several positions in the government of the State of Mexico. From 2000 to 2002, he was Secretary of Administration and from 2003 to 2004 he was elected Representative of the 13th District in the 65th Session of the State of Mexico. He was elected governor of his State from Sept. 2005 to Sept. 2011. At the end of his term, Mr. Peña expressed his hopes of running for the presidency. After an intense electoral campaign, he won the elections on 1 July 2012. As of 1 December, he is President of Mexico.
Mr. Carstens holds a M.A. and a Ph.D. in economics from the University of Chicago. He received his B.A. in economics from ITAM. He began his career in 1980 at Banco de México. From 1991 to 1993 he served as Banco de México’s Treasurer. From June 1993 to March 1994 he was Chief of Staff in the Governor’s Office and was later named Head of Economic Research. From 1999 to 2000 he was appointed Executive Director at the International Monetary Fund. He served as Deputy Finance Minister in Mexico from 2000 to 2003, when he was appointed Deputy Managing Director at the IMF. On Dec. 1, 2006, he was appointed Mexico’s Minister of Finance. On Dec, 2009 he was proposed by the President as Governor of Banco de México, for a 6-year term (2010 - 2015).
Mr. Videgaray graduated from the School of Economics of the Instituto Tecnológico Autónomo de México and has a PhD in Economics from the MIT. From 2009 to 2011 he was a Federal Representative ; and in such period of time he was the chairman of the Commission of Budget and Public Account in the Chamber of Representatives. He has been an Advisor for the Minister of Finance (1992-94), 2005-2009 and the Minister of Finance of the Government of the State of Mexico (2005-09), as well as the National Coordinator of the State Ministers of Finance (2008-09). In the private sector, he served as Public Finance head in Protego (1998-2005).
Mr. Kloet has been the CEO of Maple Group Acquisition Corp. since July 2012 and TMX Group Limited since July 31, 2012. He has been the CEO of TMX Group Inc. at Shorcan Brokers Ltd. since 2008 and serves as its President. He served as the CEO and Senior Executive VP of Newedge USA LLC (formerly Fimat USA, LLC). He served as CEO for the Americas of Newedge Group until August 2008. He served as CEO of Singapore Exchange Ltd. (2000 to 2002). Mr. Kloet served as a Senior Managing Director of ABN AMRO, Inc. He served as also a Sr VP of ABN AMRO Bank, NV. From 1990 to 1997, Mr. Kloet served as COO of Credit Agricole Futures, Inc. and CFO of Segespar Capital Markets Inc. He is a Certified Public Accountant. Mr. Kloet graduated in Business Administration from the University of Iowa in 1980.
Juan Pablo Córdoba Garcés hold MA and PhD degrees in Economics from the University of Pennsylvania. During his professional career he has worked for the Inter-American Development Bank, the Ministry of Finance and Public Credit of the Republic of Colombia, the International Monetary Fund and the Deposit Insurance Corporation of Colombia FOGAFIN. Currently he is the President of the Colombian Securities Exchange.
On June 10th, 2013, Francisco González was appointed CEO of ProMexico. After graduating as a Bachelor of Business Administration from ITAM, he went on to obtain a Master's degree in Business Administration from ITESM and another one from the University of Texas at Austin. His career spans more than 20 years in the private and public sector, committed to the growth of the country. Within the public sector, highlights its participation as Chief of Protocol of the Uruguay GATT Round. He also served as Director of Innovation and Quality of Nacional Financiera and Deputy Director General of Strategic Planning at the Mexican Ministry of the Interior.
Nandini Sukumar is Bloomberg’s pan-European market structure and exchange correspondent. She also reports on electronic trading, securities regulation and post-trade issues. Sukumar joined Bloomberg News in 2000 and covered the industry through the exchange IPO’s starting in 2001 and during the 2004-2007 cycle of industry consolidation. Based in London, she set up Bloomberg’s coverage of the U.K. securites watchdog, the Financial Services Authority, and has also covered stock and bond markets and the mutual fund industry for them.
Mr. Gill was appointed CEO of CME Group in May 2012. Prior to assuming his current role, Gill served as CME Group’s President since 2004, where he helped set and execute the company’s business strategy. From 2000 to 2003, Gill was Managing Director and President of CME Clearing, the largest derivatives clearing house in the United States. Gill joined the company in February 1988 and held numerous positions within CME Clearing, including Senior Director of Risk Management, Vice President and Senior Vice President, before his promotion to President, Clearing House in 1998.
Larry is the founder and CEO of TABB Group, the financial markets’ research and strategic advisory firm focused exclusively on capital markets. Before founding TABB Group, he was vice president of TowerGroup’s Securities & Investments practice. He continues to be a featured speaker at major industry and business conferences throughout the US, Europe, Asia and Canada. Prior to TowerGroup, he managed business analysis for Lehman Brothers’ Trading Services Division. He also led capital markets technology planning at Lehman. His markets experience also includes managing operations for the North American Investment Bank of Citibank.
Mark P. Wetjen was sworn in as a Commissioner of the U.S. Commodity Futures Trading Commission on October 25, 2011. He worked for seven years in the U.S. Senate as a senior leadership staffer advising on all financial-services-related matters, including the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Before his service in the U.S. Senate, Commissioner Wetjen was a lawyer in private practice and represented clients in a variety of litigation, transactional and regulatory matters. Born and raised in Dubuque, Iowa, Commissioner Wetjen received a bachelor’s degree from Creighton University and a law degree from the University of Iowa College of Law.
Mr Jones has over 30 years of experience in exchanges and financial services and was most recently the Chief Executive Officer of NYSE LIFFE and the Group Executive VP and Head of Global Derivatives for NYSE Euronext. Previously, he had been the CEO of Brokertec Europe and ICAP Electronic Broking after a career in trading and business management in the UK and the United States across a number of investment banks and hedge funds. He holds Bachelor and Master of Arts degrees in Geology from Oxford University in the UK and a MBA degree from Stanford University.
Mr. Lothian is the founder and owner of MarketsWiki and MarketsReformWiki. He is also a newsletter editor and publisher, commodity trading advisor (CTA) and industry consultant as well as a frequent moderator of industry panels. Lothian is the president & CEO of John J. Lothian & Company, Inc. He is a principal with John J. Lothian Managed Futures LLC, a National Futures Association member CTA. Lothian is member of the U.S. CFTC Technology Advisory Committee. In March of 2013, Lothian was named to the Board of Trustees of the Institute for Financial Markets, the Washington, DC based not-for-profit educational arm of the Futures Industry Association. He was a futures broker for many years.
Ms. Chitra Ramkrishna has been the Managing Director and Chief Executive Officer of National Stock Exchange of India Ltd. since April 1, 2013. Ms. Ramkrishna served as Joint Managing Director of National Stock Exchange of India Ltd. She served as Head of Listing and Deputy Managing Director of National Stock Exchange of India Ltd. She serves as a Member of Derivatives Panel of Securities And Exchange Board Of India. She serves as Director of National Stock Exchange of India Ltd. She has been a Member of Executive Committee at National Securities Depository Ltd. since March 9, 2009.
Larry Harris holds the Fred V. Keenan Chair in Finance at the USC Marshall School of Business. His research, teaching, and consulting address regulatory and practitioner issues in trading and in investment management. Chairman Harvey Pitt appointed Dr. Harris to serve as Chief Economist of the U.S. Securities and Exchange Commission in July 2002. Professor Harris currently serves on the boards of Interactive Brokers, Inc. (IBKR) and the Clipper Fund, Inc. (CFIMX), and he recently served on the board of CFALA, the Los Angeles Society of Financial Analysts. Other professional service has included year-long assignments to the U.S. Securities and Exchange Commission and to the NY Stock Exchange. He received his Ph.D. in Economics from the University of Chicago in 1982.
After graduating from Keio University, he worked at Nomura Securities Co., Ltd where after two postings in New York, he was appointed a member of the board. He worked in Treasury and Fixed Income Dealing and several other divisions. He served as Deputy President and in many other executive roles. After Nomura, he served as President, then Chairman of Sumitomo Life Investment Co., Ltd and as President of the Industrial Revitalization Corporation of Japan. He was appointed President and CEO of Tokyo Stock Exchange, Inc. in June 2007, and in August 2007 became the first President and CEO of Tokyo Stock Exchange Group, Inc.
Mr. Cerutti joined NYSE Euronext on December 15, 2009 and has served as President and deputy CEO and head of Global Technology since January 2010. Mr. Cerutti served as General Manager of IBM Southwest Europe from 2005 until 2009. In his role as General Manager, Mr. Cerutti led all of IBM's business operations, had full profit and loss responsibility and ensured risk management, compliance and business controls across IBM's business units in Southern and Western Europe. Previously, Mr. Cerutti was General Manager of IBM's Global Services in Europe, Middle East & Africa from 2003 until 2005.
Erkan was previously secretary general of the WFE. He was appointed to this position in June of 2012. Prior to this, Erkan served as chairman and CEO of the Istanbul Stock Exchange from late 2007-2012, his second stint at the exchange following an initial 10-year career at the ISE. He first joined the ISE in 1994 and a year later was promoted to executive vice chairman - a position he held until his departure in 2006. Before re-joining ISE in 2007 he was briefly general manager of Istanbul-based Ticaret Securities and was chief advisor to the board of the Konya Sugar Co. Prior to joining the ISE, Erkan was partner and deputy chairman at Tezal Securities. He graduated from NY University with a bachelor's degree in Economics.
Paul is CEO of the International Integrated Reporting Council (IIRC). Paul is well known and respected in business and in the accounting profession worldwide. Following an entrepreneurial career in the software industry, Paul operated as a non‐executive chairman and director for companies in a variety of sectors until taking over this post. Formerly a Director of the UK Financial Reporting Council; member of the City Takeover Panel; and President of the Institute of Chartered Accountants in England and Wales (ICAEW). His high profile work on sustainability matters has included chairing The Prince’s Accounting for Sustainability Project (A4S) Executive Board and the FEE Sustainability Group.
Mr Zhan has 26 years of international and national experience in the areas of investment, trade, technology, enterprise development and business linkages. He has published over 80 articles and books on economic and legal issues. He holds a PhD in international economics, and was research fellow at Oxford University. He is guest professor at Nankai University, China; member of Academic and Policy Advisory Board of Centre for international Business and Management at Cambridge University, UK; and member of the Advisory Board for the International Investment Centre at Columbia University, USA.
As Vice Chairman of The NASDAQ OMX Group, he is responsible for global exchange relationships. He joined the exchange after NASDAQ OMX completed its acquisition of The Philadelphia Stock Exchange on 2008. From June 1998, Mr. Frucher was Chairman and CEO of the Philadelphia Stock Exchange. Mr. Frucher spearheaded the revitalization of the Philadelphia Board of Trade (PBOT), the futures market subsidiary to the PHLX. Before Mr. Frucher came to the PHLX, he gained experience in business, government and labor relations. Mr. Frucher received a Bachelor's degree in Government from Columbia University. He earned a Master of Public Administration degree from Harvard University.
Mr. Ligteringen has been the CEO of GRI for over a decade, moving to Amsterdam in 2002 when GRI was established as an independent organization. Prior to joining GRI he worked for more than 20 years in the international development field. This experience included positions as Executive Director of Oxfam International, Director of Programme Coordination of the International Federation of the Red Cross and Red Crescent Societies, and Consultant to the World Commission on the Social Dimension of Globalization at the International Labour Organization (ILO). A Dutch National, Ernst has lived in four continents and speaks fluent Dutch, English and Spanish.
Philip has held this role for 18 months as part of an 12-year career at the FT, where he been UK stock markets editor, small cap columnist and UK technology correspondent, when he won an award for his coverage of alleged frauds at software companies. He has also worked for the FT in Tokyo. He started at Bloomberg as a commodities reporter in 1999 and was a key part of the team that developed online financial website FTMarketwatch during the technology boom in 2000. Prior to starting a career in journalism, he was a teacher in Japan.
Mr. Tafara is Vice President and General Counsel of IFC, a member of the World Bank Group, and a member of the Management Team. He joined IFC in April 2013. Prior to joining IFC, he was the Director of the Office of International Affairs at the U.S. Securities and Exchange Commission. Before joining the SEC, Mr. Tafara worked at the U.S. Commodity Futures Trading Commission as Counsel to the Chairman, and in the Chief Counsel’s Office of the Division of Enforcement. He started his legal career in the Brussels office of Cleary, Gottlieb, Steen, and Hamilton. He holds a JD from Georgetown University Law Center and an AB from Princeton University.
Mr. Wu is the Chairman of the GreTai Securities Market in Taiwan. He is the chair professor of College of Management, National Taiwan Normal University concurrently and serves as an ad hoc reviewer for academic journals in the field of Accounting, Finance and Information Management. He received his Ph.D. in Finance, University of Florida in 1984. He served as a professor in National Chaio Tung University from 1984 to 2000 and in Chang Gung University (2000 to 2010). Besides teaching and conducting researches, he participated in important public interest projects. From 2010 to 2013, he was appointed as the Chairman of Securities and Futures Institute of Taiwan, R.O.C.
Mr. Guardia holds a bachelor’s degree in economics from the Catholic University of São Paulo and a PhD degree in economics from University of São Paulo. From June 2010 to May 2013 he was the Chief Financial Officer and Investor Relations Officer of BM&F Bovespa and since May 2013 he is the Chief Product and Investor Relations Officer. Previously he was the Finance Secretary of the State of São Paulo, Secretary of the Brazilian Treasury, Deputy Secretary of Economic Policy of the Ministry of Finance, Managing Partner of Pragma Patrimonio, Chief Financial Officer and Investor Relations Officer of GP Investments and a professor in the Department of Economics at PUC/SP.
Mr. Mancera holds a Law degree from the UNAM and a Master's degree in Law from the Barcelona Autonomous University, via the Universidad Autónoma Metropolitana. He later became a doctor from the Postgraduate Law School of the UNAM. He is a professor at the UNAM, the Instituto Nacional de Ciencias Penales and the ITAM. He has also published several books about Law. His experience in the different areas of the administration of Mexico City has allowed him to expand his expertise regarding the problems of the metropoli.