NEWS RELEASE
For Immediate Release

ISDA Elects 12 Board Members 

PRAGUE, Thursday, April 14, 2011 – The International Swaps and Derivatives Association, Inc. (ISDA) announced today the election of 12 directors at its 26th Annual General Meeting in Prague.

Of the 12 directors, 11 currently serve on the Board. The new director is:

Yasuhiro Shibata, Joint Head of Fixed Income Group, Mizuho Securities

The re-elected directors are:

Guillaume Amblard, Global Head of Fixed Income Trading, BNP Paribas
Brian Archer, Managing Director, Global Head of Credit Trading, Citi
Nitin Gulabani, Global Head of Rates, Standard Chartered Bank
Harry Harrison, Head of Rates Trading, Barclays Capital
Alan Haywood, Head of Commercial Development; Integrated Supply & Trading, BP p.l.c.
Peter Healey, COO, Fixed Income, Currencies and Commodities, UBS AG
Jonathan Hunter, Managing Director and Global Co-Head, Fixed Income and Currencies, RBC Capital Markets
TJ Lim, Global Co-Head of Markets, UniCredit
Eric Litvack, Managing Director, COO of Global Equity Flow, Société Générale
Ted MacDonald, Managing Director and Treasurer, The D. E. Shaw Group
Gerhard Seebacher, Managing Director, Head of Global Credit Products, Bank of America Merrill Lynch

The directors continuing on the Board are:

R. Martin Chavez, Managing Director, Goldman Sachs
Bill de Leon, Executive Vice President, Global Head of Portfolio Risk Management, PIMCO
Thibaut de Roux, Global Head of Structured Derivatives, HSBC Bank Plc
Michele Faissola, Managing Director and Global Head of Rates and Commodities, Global Markets Division, Deutsche Bank
Diane Genova, Managing Director and General Counsel, Investment Bank, J.P. Morgan Chase & Co
Yutaka Nakajima, Senior Managing Director, Head of Trading, Fixed Income Japan, Nomura Securities
Stephen O’Connor, Managing Director, Morgan Stanley, and Chairman of the ISDA Board
Riccardo Rebonato, Head of Front Office Risk Management and Quantitative Analytics,  Royal Bank of Scotland
Eraj Shirvani, Managing Director, Head of Fixed Income for EMEA Region, Credit Suisse
Stuart Spodek, Managing Director, BlackRock
Lili Wang, Executive Director & Senior Executive Vice President, ICBC Ltd.

Additionally, Conrad Voldstad, ISDA chief executive officer, Robert Pickel, ISDA executive vice chairman, and Gay Huey Evans, vice chairman of the Board and non-executive chairman of Europe for ISDA, will continue to serve on the Board of Directors.

Background on the new director:

Yasuhiro Shibata is the Joint Head of Fixed Income Group at Mizuho Securities, and responsible for trading fixed income cash and derivative products in Japan. His responsibilities have increased to cover all fixed income trading in Japan. Prior to this post, he was head of credit trading and derivatives product structuring. He joined Mizuho Securities in 2003 and was instrumental in leading Mizuho to becoming one of the top trading houses in the Japanese CDS market. Recently, in addition to his responsibilities at Mizuho, Mr. Shibata has been a co-chair of the ISDA Japan Credit Derivatives Committee. His contribution has been key in working with Japanese FSA and JSCC on a CCP for Japan’s CDS market. He has a BA in Economics from Kyoto University in Japan and holds a Master Degree in Development Economics from the University of Oxford.

For More Information, Please Contact: 
Cesaltine Gregorio, ISDA Prague AGM office, +420 224 84 8302, cgregorio@isda.org Donna Chan, ISDA Prague AGM office, +420 224 84 8302, dchan@isda.org Rebecca O’Neill, ISDA London, +44 203 088 3586, roneill@isda.org

About ISDA
ISDA, which represents participants in the privately negotiated derivatives industry, is among the world’s largest global financial trade associations as measured by number of member firms. ISDA was chartered in 1985, and today has over 800 member institutions from 55 countries on six continents. These members include most of the world’s major institutions that deal in privately negotiated derivatives, as well as many of the businesses, governmental entities and other end users that rely on over-the-counter derivatives to manage efficiently the financial market risks inherent in their core economic activities. Information about ISDA and its activities is available on the Association’s web site: www.isda.org.

ISDA® is a registered trademark of the International Swaps and Derivatives Association, Inc.