The Foreign Exchange Professionals Association (FXPA) announced on Monday that it has added a number of new Board and Office members at its annual meeting which took place on February 5, 2019.
Effective from March 1, 2019, Lisa Shemie is now the group Chair. Shemie is the Associate General Counsel of Cboe Global Markets and Chief Legal Officer of Cboe FX and Cboe SEF.
Shemie originally joined the FXPA in March of last year, as Finance Magnates reported, initially joining as the association’s Chair of the Policy Committee. She succeeds Chip Lowry, the Senior Managing Director at State Street Global Markets, who has been the Chair for two terms.
Commenting on her new role, Shemie said: “Chip has been a fantastic Chair of the FXPA, and his energy, ideas and leadership have resulted in a stronger and more visible organization poised to be even more impactful going forward.”
“I look forward to continuing to work with Chip during the years ahead and to leaning on him for his assistance and guidance as I take on this role.”
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Serving as the Vice Chair is Jill Sigelbaum, the Head of FXall at Refinitiv. Sigelbaum also joined the FXPA at the same time as Shemie; however, Jill originally joined the organization as a board member. She is replacing Jonathon O’Donnell, the Investment Manager at CalPERS, who previously held the role of Vice Chair.
Taking on the role of Treasurer is Paul Houston, the Global Head of FX at CME Group. Houston joined CME Group in April of 2016. Prior to this, he was employed at Deutsche Bank, Credit Suisse and the Royal Bank of Scotland.
Houston is taking on the role of Treasurer from Sean Tully, who has held this position for the past two terms. Tully is the Senior Managing Director at CME Group.
Finally, Jason Vitale, who is the Managing Director and Chief Operating Officer FX & Head of Client Execution at BNY Mellon, was re-elected as Secretary.
New Members Added to the FXPA Board
In addition to the above-mentioned changes, the Washington-based association also added a number of new Board members. This includes Lauren Rosborough Watt, the Economics & Investment Manager at CalPERS; Mark Bruce, Head of FICC at Jump Trading; Laine Litman, Global Markets Group, Virtu Financial and Houston of CME.
The FXPA is a Washington, DC-based organization that was developed in September 2014 with the intention of creating a liquid and transparent global currency market, by addressing important facets of the industry, particularly key issues associated with regulation, policymakers, education, and research.