The European Securities and Markets Authority (ESMA) has appointed Erik Thedéen as its vice chair, for a two and a half year term, effective immediately.
Thedéen is the director general of the Swedish Finansinspektionen (FI), the authority supervising the banking, insurance and securities sectors in Sweden.
Thedéen will replace Anneli Tuominen, who has completed her two and a half year term in the role. Tuominen is director-general of the Finnish Finanssivalvonta, the financial regulatory authority of the Finnish government.
Thedéen has served in this role at the FI since 2015. He is also a voting member in the European Systemic Risk Board, and the chair of the task force on sustainable finance for the International Organisation of Securities Commissions.
Thedéen’s appointment follows the news of Verena Ross’ employment as chair of ESMA in October.
Commenting on Thedéen’s appointment, Ross says: “I am happy to announce the appointment of Erik Thedéen as vice chair of ESMA. As a board member since January 2018, he has demonstrated his commitment to ESMA through his active participation in our supervisory work. He brings a wealth of national and international experience to the role, and I look forward to working with him.
She adds: “I want to take the opportunity to thank Anneli Tuominen for her work over the years, and particularly for the key role she played as interim chair this year.”
