The Asia Securities Industry and Financial Markets Association (ASIFMA) has appointed Nick Ronalds as managing director, equities. He will be responsible for developing ASIFMA’s new equity division and promoting policy initiatives in the region.
Ronalds joins from US consultancy RhoFinancial, a specialist in exchange-traded products, and has over 25 years experience including several high-profile roles within the Asia region.
In 2007, whilst at RhoFinancial, he launched an affiliate of the Futures Industry Association, FIA Asia, which has grown to a leading representative body for the exchange-traded derivatives industry in the region.
Ronalds has also worked as managing director of Chicago Mercantile Exchange’s Asia office and as senior vice present, global markets for exchange-traded derivatives at ABN Amro Securities.
“Asian equity markets face a host of challenges including major regulatory initiatives and continuing developments in market structure throughout the region. Nick will work closely with ASIFMA members and other stakeholders in Asia to address these challenges and promote the vibrancy of Asian equity markets,” said Mark Austen, CEO of ASIFMA.