The European Securities and Markets Authority (Esma) has appointed Derville Rowland as director of the Central Bank of Ireland (CBI) to its seven-person management board.
Rowland succeeds outgoing board member Klaus Kumpfmüller of Austria’s financial regulator the Finanzmarktaufsicht, whose term has come to an end. She will serve a 2½ year term on Esma’s management board commencing in June.
The management board, chaired by Steven Maijoor, chairman of ESMA, is responsible for ensuring that the authority carries out its mission and performs the tasks assigned to it under its founding Regulation.
The management board now consists of:
– Steven Maijoor, European Securities and Markets Authority (ESMA)
– Elisabeth Roegele, Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Germany
– Derville Rowland, Central Bank of Ireland (CBI)
– Sebastian Albella-Amigo, Comisión Nacional del Mercado de Valores (CNMV), Spain
– Robert Ophèle, Autorité des Marchés Financiers (AMF), France
– Gabriela Figueiredo Dias, Comissão do Mercado de Valores Mobiliários (CMVM), Portugal
– Erik Thedéen, Finansinspektionen (FI), Sweden
Rowland was appointed director general, Financial Conduct on 1 September 2017. She is responsible for overseeing consumer protection, securities and markets supervision, and enforcement. Prior to this appointment, she was director of Enforcement, responsible for investigations and enforcement of issues across all regulated sectors. She joined the Central Bank in 2004 to set up the Administrative Sanctions Procedure and was appointed Head of Enforcement in 2010.