Anneli Tuominen appointed Vice Chair of ESMA

The Board of Supervisors of the European Securities and Markets Authority (ESMA) has appointed Anneli Tuominen as its Vice Chair. Ms. Tuominen, who is the Director-General of the Finnish Finanssivalvonta (FIN-FSA), will serve a 2½ year term effective immediately.

She replaces Carlos Tavares, former Chairman of the Portuguese Comissão Do Mercado De Valores Mobiliários (CMVM), whose has completed his term.

Steven Maijoor, ESMA Chair, said:

“I am delighted to announce the appointment of Anneli Tuominen as ESMA Vice Chair. As one of our longest serving members she has demonstrated her commitment to supporting ESMA in the pursuit of its goals, through her active participation as a Board Member and her previous chairmanship of the Financial Innovation Standing Committee. I look forward to working with her."

“Finally, I would like to pay tribute to Carlos Tavares who, through his contribution as Vice Chair of ESMA, as well as his roles at CESR, has made an enormous contribution to ESMA’s success to date. I wish him well for the future.”

Biography – Anneli Tuominen

Anneli Tuominen is Director General of the Finanssivalvonta (FIN-FSA), an integrated authority responsible for banking, insurance, securities and macro-prudential supervision. She has been Director General since February 2007, having joined the FIN-FSA in 1996.

Ms. Tuominen is a voting member of the Supervisory Board of the Single Supervisory Mechanism (SSM), the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA) and a non-voting member in the European Systemic Risk Board (ESRB). She chairs the Consumer Protection and Financial Innovation Sub-Committee of the Joint Committee and previously chaired ESMA’s Financial Innovation Standing Committee.