The International Swaps and Derivatives Association (ISDA) has announced the appointment of Robert Pickel as CEO effective in the beginning of 2012. He returns to the post after serving as ISDA’s executive vice chairman for the past two years.
Conrad Voldstad, ISDA CEO since November 2009, will continue to work with the Association as a special advisor at the request of the board.
“Connie Voldstad is an industry pioneer, and the board and I are grateful for his tremendous contributions to ISDA and the OTC derivatives markets,” said Stephen O’Connor, ISDA chairman and managing director at Morgan Stanley.
“The board looks forward to working with Bob Pickel as ISDA’s CEO. Bob’s appointment, together with George Handjinicolaou’s recent selection as Head of Europe and Deputy CEO, and Connie’s role as Special Advisor, provide ISDA with a very strong management team. ISDA is well positioned to navigate the challenges of the next few years as we work to foster safe and efficient derivatives markets for all users of derivative products and move forward through a period of unprecedented regulatory reform," he added.
Pickel was appointed executive vice chairman of ISDA in November 2009, previously serving as CEO from 2001 and as general counsel from 1997.
