Chairs of the Committees
Mr. Ashley Ian Alder, Chair of the IOSCO Board
Ashley Alder is the Chief Executive Officer of the Hong Kong Securities and Futures Commission. Mr. Alder came to Hong Kong in 1989 with the international law firm Herbert Smith, practicing corporate and business law. He was Executive Director of Corporate Finance at the SFC from 2001 to 2004, before returning to Herbert Smith, later as head of the firm's Asia Region. He rejoined the SFC in 2011.
Mr. Alder attained his Bachelor of Laws degree from the University of London in 1982 and graduated from the University of Cambridge with a Master of Laws degree in 1983.
Mr. Ranjit Ajit Singh, Vice Chair of the IOSCO Board, Chair of the Growth and Emerging Markets Committee (GEMC)
Ranjit Ajit Singh is the Executive Chairman of the Securities Commission Malaysia (SC). He was previously Managing Director of the SC and has over 20 years' experience in the field of finance and securities regulation. He has played a key role in international securities regulatory policy work through his positions at IOSCO.
Mr. Singh currently chairs the Securities Industry Development Corporation, the Malaysian Venture Capital Development Council and the Capital Market Development Fund. He is also the Vice Chairman of the Asian Institute of Finance and a member of the Board of the Labuan Financial Services Authority and the Financial Reporting Foundation. Mr. Singh is trained as a financial economist and accountant. He was conferred the degree of Doctor of Laws honoris causa by Monash University Melbourne. He is a fellow of CPA Australia. He has had prior working experience in Australia and Malaysia in academia, consulting and accounting.
Mr. Jean-Paul Servais, Vice Chair of the Board and Chairman of the European Regional Committee (ERC)
Jean-Paul Servais is Chairman of Belgium's Financial Services and Markets Authority (FSMA), and a member of the Board of Supervisors of the European Securities and Markets Authority (ESMA). At ESMA, Mr. Servais also serves as Chair of the Investor Protection and Intermediaries Standing Committee (IPISC), which is responsible for developing and providing technical advice to the European Commission. The IPISC also develops technical standards, guidelines and recommendations relating to the provisions of the EU Markets in Financial Instruments Directive (MiFID) applicable to investment services and activities. In his role as IPISC Chair, Mr. Servais has worked to increase the transparency of investment products by simplifying both their structure and cost for the benefit of investors.
Mr. Servais is a member of the European Systemic Risk Board (ESRB) and of the NYSE Euronext College of Regulators.
Mr. Leonardo P. Gomes Pereira, Vice Chair of the Growth and Emerging Markets Committee
Leonardo Pereira is the Chairman of the Securities and Exchange Commission of Brazil (CVM). He represents CVM on the IOSCO Board and on the IOSCO Growth and Emerging Markets Committee, and has a seat on the Financial Stability Board and on the IFRS Monitoring Board. In Brazil, he is a member of the Brazilian Technical Commission of Currency and Credit (COMOC), the Brazilian Market Regulators Committee (COREMEC) and the Brazilian Committee of Financial Education (CONEF).
Prior to becoming CVM Chairman, Mr. Pereira was Executive Vice President and CFO of the Brazilian airlines, Gol Linhas Aereas S.A. In addition to having served as a director in different companies, he also worked at Citibank for 13 years, in various positions in Brazil, Asia, Latin America and the United States.
Mr. Pereira holds a degree in Production Engineering from Universidade Federal do Rio de Janeiro, a degree in Economics from the Universidade Candido Mendes in Brazil and an MBA degree from the University of Warwick in the United Kingdom.
Mr. Marcos Ayerra, Vice Chair of the Growth and Emerging Markets Committee
Marcos Ayerra is the Chairman of the Comisión Nacional de Valores of Argentina (the Argentine Securities & Exchange Commission). He was appointed by President Mauricio Macri in December 2015 for a five-year term.
Mr. Ayerra has over 25 years of professional experience in the financial and corporate sectors, where he participated in mergers and acquisitions, project financing, debt placements and restructurings, capital markets, and corporate development.
During his career, Mr. Ayerra worked for leading domestic and international companies, including Chase Manhattan Bank, Chase Securities Inc., Infupa, Telecom Argentina, and Biosidus.
Mr. Ayerra earned a Business Administration degree from the Business School of the Argentine Catholic University and completed the PAD Program for executives at IAE Business School.
Mr. Mounir Gwarzo, Chair of the Africa / Middle-East Regional Committee
Mounir Gwarzo is the Director-General of the Securities and Exchange Commission (SEC), Nigeria. During his 25 year career, Mr. Gwarzo held positions at the Ministry of Trade, Kano State, the Nigerian Stock Exchange, the Century Merchant Bank Limited, Empire Securities Limited, the Federal Mortgage Bank of Nigeria and MTL Global Investment Limited, prior to joining the Board of the SEC as an Executive Commissioner, Operations.
Mr. Gwarzo is a trained stock broker and an associate member of the Chartered Institute of Stock Brokers. A graduate of Bayero University, Kano, where he earned a Bachelor’s Degree in Economics, Mr. Gwarzo holds a post-graduate degree in Development Finance from the University of Birmingham in the United Kingdom. He also attended various courses and training programs on financial markets operations, products and regulation in the United States, South Africa, Dubai, France and the United Kingdom.
Mr. Ryozo Himino, Chair of the Asian-Pacific Regional Committee (APRC)
Ryozo Himino is Vice Minister for International Affairs at Japan's Financial Services Agency (JFSA). He was responsible for the supervision of large banks and insurance companies until July 2015. He was also Chairman of the Standard Implementation Group of the Basel Committee on Banking Supervision until 2012 and led the Committee's efforts to design and launch a comprehensive Basel III implementation review program. From 2003 to 2006, Mr. Himino was Secretary General of the Basel Committee, helping it finalize the Basel II framework. His previous assignments at the JFSA include Deputy Director-General in charge of corporate disclosure, accounting, auditing and governance; Director, Bank Supervision Division I (large banks); and Director, Securities Business Division.
Mr. Jaime González Aguadé, Chair of the Inter-American Regional Committee (IARC)
Jaime González Aguadé was appointed President of the National Banking and Securities Commission (CNBV) of Mexico on 14 December 2012. In addition to IARC, Mr. Gonzalez currently chairs the Council of Authorities of the Ibero-American Institute of Securities Markets (IIMV) and the Council of Securities Regulators of the Americas (COSRA). As President of the CNBV, he has responsibilities over the banking, securities, derivatives and credit ancillary sectors in Mexico.
Under his leadership the Commission took an active role in the development of the recent Financial Regulatory Reform and on the issuance of the applicable secondary regulation. His public sector experience includes being appointed in June 2012 as General Director of the Federal Electricity Commission (CFE). Prior to that he was Under-Secretary of Electricity at the Ministry of Energy, where he was responsible for the planning and development of energy policy. Priority was given to security and energy diversification, energy saving and environmental protection.
Previously, Mr. González held several senior positions at Mexican developments banks and at the Institute for the Protection of Bank Savings (IPAB), where he was in charge of the financial restructuring programs.
Jaime González Aguadé has a Bachelor Degree in Economics from the Instituto Tecnológico Autónomo de México (ITAM), and holds a Master Degree in Public and Private Management with Major in Finance from Yale University.
Mr. Jose Carlos Doherty, Chair of the Affiliate Members Consultative Committee (AMCC)
José Carlos Doherty joined the Brazilian Association of Financial and Capital Markets Association (ANBIMA) in 2006 as Head of Market Supervision before being appointed Chief Executive Officer of the association in 2012.
Prior to joining ANBIMA, Mr. Doherty worked for over 20 years at various financial institutions in Brazil and abroad, including Deutsche Bank, BankBoston and Brown Brothers Harriman & Co. Mr. Doherty also worked at the Brazilian Securities Commission (Comissão de Valores Mobiliários (CVM)), as well as at the Brazilian stock Exchange (BM&FBovespa), where he was involved, among other projects, in the elaboration and development of the rules and legal structures for foreign investments in the Brazilian capital markets.
Mr. Doherty graduated from the Federal University of Brazilia (UnB), and received an MBA from Ibmec in São Paulo. He also completed the Global Advanced Management Program (GAMP) offered by Georgetown University and Esade Business School.