NEWS RELEASE For Immediate Release

George Handjinicolaou Rejoins ISDA as Deputy Chief Executive Officer and Head of Europe

NEW YORK, Tuesday, August 30, 2011 – The International Swaps and Derivatives Association, Inc. (ISDA) today announced that George Handjinicolaou will return to ISDA as Deputy Chief Executive Officer and Head of ISDA Europe, effective immediately. Mr. Handjinicolaou will be based in ISDA’s European headquarters in London.

“It is my pleasure to welcome George back to the Association.  His leadership and experience in the financial markets will once again play an important role in ISDA’s continuing work to make the global derivatives markets safer and more efficient,” said Conrad Voldstad, ISDA Chief Executive Officer.

Robert Pickel, ISDA’s Executive Vice Chairman, said, “The Board, Connie and I look forward to working with George on the Association’s strategy and initiatives in the region and around the world.”

Mr. Handjinicolaou served as ISDA’s Deputy Chief Executive Officer and Regional Director for Europe, Middle East and Africa from July 2007 to June 2009. During that period, he was the Association’s primary representative in EMEA.

In May 2009, Mr. Handjinicolaou was appointed to the role of Vice Chairman of the Hellenic Capital Market Commission (HCMC), the national capital markets industry regulator for Greece. He most recently was Chief Executive Officer of TBANK.

Over the course of his 30-year career, Mr. Handjinicolaou has held senior management positions in the derivatives and fixed income markets in Europe and the U.S. at several global financial institutions, including Dresdner Kleinwort Benson, Union Bank of Switzerland, the World Bank, Merrill Lynch and Bank of America.

Mr. Handjinicolaou received his PhD in Finance from the graduate school of business at New York University, where he also earned his MBA. He holds a BS degree from the Law School at the University of Athens in Athens, Greece.

For More Information, Please Contact: Lauren Dobbs, ISDA New York, +1 212 901 6019, ldobbs@isda.org Rose Millburn, ISDA London, +44 203 088 3526, rmillburn@isda.org

About ISDA Since 1985, ISDA has worked to make the global over-the-counter (OTC) derivatives markets safer and more efficient. Today, ISDA is one of the world’s largest global financial trade associations, with over 800 member institutions from 56 countries on six continents. These members include a broad range of OTC derivatives market participants: global, international and regional banks, asset managers, energy and commodities firms, government and supranational entities, insurers and diversified financial institutions, corporations, law firms, exchanges, clearinghouses and other service providers. Information about ISDA and its activities is available on the Association’s web site: www.isda.org.

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