The Washington DC-based Foreign Exchange Professional Association (FXPA) has announced the addition of new Board and Office members at its annual meeting which held on 5th Feb 2019.
Effective 1st March 2019, Lisa Shemie has become the group Chair. She is the Associate General Counsel of Cboe Global Markets and Chief Legal Officer of Cboe FX and Cboe SEF. Shemie originally joined FXPA in March last year as Association’s Chair of the Policy Committee. She has succeeded Chip Lowry, the Senior MD at State Streets Global Markets and has been the Chair for two terms.
Commenting on her new role as Chair of FXPA, 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.”
Jill Sigelbaum, is now the Vice Chair, earlier joined FXPA at the same time as Shemie and joined the organisation as a board member. Jill has replaced Jonathon O’Donnell, who previously held the role of Vice Chair.
Paul Houston, the Global Head of FX at CME Group has been given the role of Treasurer and is taking over the position from Sean Tully, who has held this position for the past two terms. Tully is also the Senior Managing Director at CME Group.
Jason Vitale, the Managing Director and Chief Operating Officer FX & Head of Client Execution at BNY Mellon has been re-elected as Secretary.
Other new addition to the Board 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.
FXPA has been set up September 2014 with a clear objective of creating liquid and transparent global currency market, addressing different challenges of the industry particularly the regulatory affairs, education, and research.