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People moves news

Masamichi Kono to lead IOSCO’s new board


18 May 2012 Bejing
Reporter: Georgina Lavers

Generic business image for news article
Image: Shutterstock
Masamichi Kono is to be the new chairman of The International Organization of Íø±¬³Ô¹Ï Commissions (IOSCO) board.

Kono indicated he would step down from the position in March 2013, with Greg Medcraft, chairman of the Australian Íø±¬³Ô¹Ï & Investment Commission (ASIC), taking over until he too steps down at the IOSCO Annual Conference in September 2014 in Rio de Janeiro.

The board also appointed two vice chairs: Vedat Akgiray, chairman of the capital markets board of Turkey, and Ethiopis Tafara, the director of the Office of International Affairs at the US SEC.

As part of a streamlining of IOSCO’s organizational structure, the new board was established through a three-way merger of IOSCO’s technical committee, the executive committee and the emerging markets committee advisory board.
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