AFME chief Simon Lewis to step down

Simon Lewis, the founding CEO of the Association for Financial Markets in Europe, the wholesale markets lobbyist, is leaving his post later this year.

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Lewis joined AFME in 2010 and will leave at the end of October, when his contract expires.

AFME’s board has started a process to find a successor and make time for a smooth handover.

Lewis’s tenure has encompassed a period when the EU has worked towards creating a capital markets union and a banking union, and has also implemented the MiFID II regulation. AFME has also taken a keen interest in how Brexit will affect the markets.

AFME has also opened offices in Brussels and Frankfurt during the course of Lewis’s tenure as it has sought to expand in Europe. During Lewis's time in charge, the capital market trade body, which also has an office in London, says it has more than doubled in size.

“Simon has been the driving force behind AFME for the past nine years and we are deeply grateful for his leadership, said Michael Cole-Fontayn, chair of the organisation.

Lewis said: “We have navigated many significant market events and ensured that Europe’s wholesale financial markets participants have been able to inform policy and thinking at the highest level.”

Lewis joined AFME in September 2010 after a stint as director of communications and official spokesperson for then-UK prime minister Gordon Brown. Before that, he was director of corporate affairs at Vodafone, Centrica and NatWest.