Anthony Belchambers, ceo of the Futures and Options Association, is to step down from his role at the listed derivatives trade body.
Belchambers’ departure comes after more than two decades at the trade association, which he founded with the support of European exchanges in 1993. During his tenure, he has overseen the expansion of the trade body’s membership, while last year, he was involved in implementing the FOA’s affiliation with the Futures Industry Association under one global structure called FIA Global. He will stay on at the FOA as a special advisor to the board.
He will be replaced as ceo in March by Simon Puleston Jones, head of European legal coverage for futures and OTC clearing at Barclays, and a lead lawyer dealing with regulatory change at the firm. Puleston Jones is also currently chair of the FOA’s Legal Working Group.
“I feel very privileged to have led the FOA through the establishment of a single European financial services market and, more recently, a period of unprecedented regulatory change,” noted Belchambers in a statement. “I am confident that the affiliation with the FIA, along with enhanced resources, the high quality of our staff and a strong value-for-money ethos means that FOA is well placed to handle the challenges of the future. I am particularly delighted that Simon will be the new FOA CEO. He will do an excellent job and I wish him well in this new role.”