Changes to the Committee of the European Structured Investment Products Association EUSIPA
The European umbrella association for structured securities EUSIPA made changes to its management committee in May. Heike Arbter, Chair of the Certificates Forum Austria Committee and Head of the Structured Products Unit at Raiffeisen Centrobank, Vienna, has been appointed as President. In this function Arbter is succeeding Reinhard Bellet, who headed EUSIPA since 2009 and decided not to stand for a further period of office. The Swiss Roger Studer, Head of Investment Banking at Vontobel Bank, was re-elected as Vice President.
“I view my election as President of the European Certificate Association as a great honour and recognition of our work to date. We have been active in Austria since 2006 as an association for certificates and structured products, and I am convinced that our experience will contribute towards the European activities. The market for certificates is a European market, not merely on account of the regulations in force at the EU level, and the challenges can only be mastered through the joint efforts of all issuers,” said Heike Arbter in her first statement.
“We have achieved and changed a great deal in recent years. An expression of this is the umbrella association EUSIPA, which in the interim operates as the mouthpiece of the certificate industry at the European level. As markets continue to develop, however, our joint promotion of greater transparency and industry standardisation will continue to be valued. These topics remain at the top of our agenda,” added Roger Studer.