ESMA appoints new executive director from AMF

The new appointment will replace Verena Ross who worked with the European watchdog for a decade.

The EU’s securities markets regulator has named Natasha Cazenave as its new executive director, replacing the long-serving Verena Ross in the role.

Cazenave will begin her role as executive director of The European Securities and Markets Authority (ESMA) on 1 June this year for a five-year term, renewable once.

Cazenave is currently deputy secretary general and head of the policy and international affairs directorate at the Autorité des Marchés Financiers (AMF). She will replace Ross, the outgoing executive director at ESMA, who served the role for 10 years.

“I am honoured by this appointment and eager to work with the members of the Board and ESMA’s committed staff as the organisation begins a new phase of development,” said Cazenave.

The news of Cazenave’s appointment follows the recent stepping down of Steven Maijoor in March this year, after he served the maximum term as chair of ESMA.

“[Cazenave] brings with her a wealth of experience from the public and private sectors, which will benefit ESMA as it enters its second decade. The members of the management board and the board of supervisors are looking forward to working with Natasha in implementing its ambitious Work Programme and preparing for future challenges and responsibilities,” said Anneli Tuominen, interim chair at ESMA.

“On behalf of the board of supervisors, I would like to warmly thank Verena Ross for her role over the past 10 years in making ESMA the successful EU authority it is today.”