INTERNATIONAL SWAPS AND DERIVATIVES ASSOCIATION, INC.
For Immediate Release Friday, April 23, 2010
For More Information, Please Contact:
San Francisco Press Room: +1 415–772–5422 (April 21 - April 23, 2010)
Rebecca O'Neill, ISDA London, +44 203 088 3586, firstname.lastname@example.org
Cesaltine Gregorio, ISDA New York, +1 212-901-6019, email@example.com
Donna Chan, ISDA Hong Kong, +852 2200 5906, firstname.lastname@example.org
ISDA Elects 12 Board Members
San Francisco, Friday, April 23, 2010 – At its 25th Annual General Meeting in San Francisco, the International Swaps and Derivatives Association, Inc. (ISDA) today announced four new members of its Board of Directors.
The four new directors are:
Eight directors were re-elected:
The directors continuing on the Board are:
Additionally, Conrad Voldstad, ISDA Chief Executive Officer, and Robert Pickel, ISDA Executive Vice Chairman, will continue to serve on the Board of Directors.
Background on the four new directors follows:
R. Martin Chavez leads FICC, Equities, and IBD Strategies in the Americas. He joined Goldman Sachs as a senior energy strategist in the J. Aron Division from 1993 to 1997. Marty returned to the firm in IBDS and was named managing director in 2005 and partner in 2006. He was co-founder, chairman and chief executive officer of Kiodex, Inc. from 2000 to 2004 and was global head of energy derivatives at Credit Suisse Financial Products from 1997 to 2000. Marty earned a PhD in Medical Information Sciences from Stanford University in 1990, an SM in Computer Science from Harvard University in 1985, and an AB, magna cum laude, in Biochemical Sciences from Harvard College in 1985
Bill De Leon is an Executive Vice President in the Newport Beach office and Global Head of Portfolio Risk Management. He previously served as a portfolio manager focusing on derivatives and absolute return strategies. Prior to joining PIMCO in 2007, he was a portfolio manager at Ellington Management Group, an investment management firm specializing in fixed-income relative value trades. He has 19 years of investment experience and holds an undergraduate degree from the University of Pennsylvania.
Yutaka Nakajima is Group Senior Managing Director, Head of Trading, Fixed Income Japan at Nomura Securities. Prior to this, Mr. Nakajima served as Head of Global Rates and Head of Global Derivatives. He holds a Bachelor of Science degree in Mechanical Engineering from the University of Tokyo.
Stuart Spodek, Managing Director, is a member of the Multi-Sector and Mortgage Group within BlackRock Fundamental Fixed Income. He is head of Obsidian and Short Duration Portfolios, and a member of BlackRock's Leadership Committee. Mr Spodek joined BlackRock in 1993 as an analyst in BlackRock's Portfolio Management Group and became a portfolio manager in 1995. Mr Spodek earned a BS degree in engineering from Princeton University in 1993.
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 820 member institutions from 57 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.