The International Organization of Securities Commissions (IOSCO) is pleased to announce the appointment of Mr. Hans Hoogervorst as Chairman of the IOSCO Technical Committee.
He will take up his appointment at the close of the Annual Conference in Montreal this week and his term will run for two years.
Mr. Hoogervorst is the Chairman of the Autoriteit Financiële Markten (AFM), the Netherlands Authority for the Financial Markets, and has served as Vice-Chairman of the Technical Committee since 2009. He will replace Kathleen Casey, a Commissioner of the U.S. Securities and Exchange Commission, as chairman and will be succeeded as Vice-Chairman by Mr. Masamichi Kono of the Financial Services Agency of Japan.
Kathleen Casey, Chairman of the Technical Committee, welcoming the appointment said: "I would like to congratulate Hans on his appointment as Chairman of the Technical Committee and wish him well in his new role. I am confident that he will bring strong leadership to the Technical Committee in this challenging and demanding regulatory environment."
Prior to his appointment as the Chairman of the AFM, Mr. Hoogervorst was the Minister of Health, Welfare and Sport of the Netherlands from May 2003 to February 2007. He was also previously the Minister of Finance and State Secretary for Social Affairs and Employment in the Dutch government. Mr. Hoogervorst is also currently Chairman of the Monitoring Board of the Accounting Standards Committee Foundation (IASCF) where he represents IOSCO's Technical Committee.