- This is GLEIF
- Our Vision
- Our Values
- Open Data
- Financial Stability Board (FSB)
- LEI Regulatory Oversight Committee (LEI ROC)
- MoU between GLEIF and LEI ROC
- Board of Directors
- LEI ROC Observers
- Board Committees
- Board Minutes
- Annual Report
- Applications South America
GLEIF Board of Directors
Gerard Hartsink was appointed by the Financial Stability Board as Chairman of the GLEIF Board of Directors.
Mr. Hartsink serves as member of the World Trade Board that has the objective to enable global trade.
He is active in organizations promoting e-commerce (member of the Digital Economy Commission of ICC) and e-government (member of the Forum Standaardisatie of the Dutch Government).
He has broad experience in the payments, securities and forex industry. He served as the Chairman of CLS Bank International, the European Payments Council and of the RMG of ISO 20022 and as Board Member of SWIFT, LCH.Clearnet Group, Euroclear Netherlands, Euro Banking Association (EBA) and Electronic Commerce Platform Nederland.
As former Senior Executive Vice President of ABN AMRO Bank he has over thirty years experience in sales, product development, regulatory affairs, information management and operations.
He holds MA degrees in political economy from the University of Amsterdam and in law from the Free University in Amsterdam.
Nabil Al Mubarak
CEO: Saudi Credit Bureau (SIMAH)
Nabil Al-Mubarak has been the CEO of the joint stock closed company Saudi Credit Bureau (SIMAH) since 2004, the Chairman of QARAR (JV between SIMAH and Principa), a Board member of VEDA@SIMAH (JV between SIMAH and VEDA) and the Chairman of the Audit Committee AMLAK International.
Prior to that Mr. Al-Mubarak was a Banking Supervisor at Saudi Arabian Monetary Agency (SAMA), the Central Bank of Saudi Arabia.
He was the SAMA’s Representative on the Chief Financial Officer Committee (CFO) in 2000. Since 2001 he has been a member of the SAMA team for Credit Cards Review in Saudi Arabia.
He holds a Master Degree in Information Management and Finance, University of Westminster, London along with a Certified Public Accountants from SOCPA and has also completed many programs and high executive management training programs from IMD and INSEAD.
CEO and Founding Partner: Tahoe Blue Ltd
Jefferson Braswell is the CEO and Founding Partner at Tahoe Blue Ltd, and has been successfully providing leading-edge business solutions for the financial sector for over 30 years. Tahoe Blue Ltd provides advisory and professional services for the design and implementation of risk management systems and enterprise data management solutions for the financial industry.
Mr. Braswell is a member of the Board of Governors of the ACTUS Financial Research Foundation, and has contributed to many financial standards efforts, including the Aggregation Feasibility Study Group (AFSG) organized by the Financial Stability Board.
Mr. Braswell was an active coordinator of the FSB LEI Private Sector Preparatory Group (PSPG), and editor of the compiled PSPG recommendations and requirements analysis delivered to the then newly formed LEI Regulatory Oversight Committee (LEI ROC) in January 2013.
As co-founder and President of Berkeley-based Risk Management Technologies (subsequently acquired by Fair, Isaac Corporation), he designed and led the successful development of advanced enterprise risk management solutions for many of the world's largest financial institutions, including Wells Fargo, Credit Suisse, Chase, PNC, Sumitomo Mitsui Banking Corporation, Mellon, Abbey National, Wachovia, Union Bank and ANZ.
Mr. Braswell was a Research Assistant at U.C. Berkeley while working on a Masters in Electrical Engineering and Computer Science and he has a B.A. in History from Princeton University in 1970.
Chairman: China Financial Computerization Corporation
Bo Chen has been Chairman of China Financial Computerization Corporation since 2013. He is responsible for the operation and development of all 21 departments, including the Financial Assessment Center, Data Backup Center, Financial Standardization Center, Financial Informational Research Institute.
Mr. Chen has rich experience in practice. He has nine years of experience at the Credit Reference Center of the People’s Bank of China where he was responsible for the management of IT and technical planning and was in charge of several business departments. In addition, since 1995 he has worked for several relevant internal departments and enterprises and institutions directly under the People’s Bank of China. In these roles he was responsible for the operation of the financial IT infrastructures of financial networks, settlement systems, and the State Treasury System, and the construction of Credit Information Fundamental Database.
Mr. Chen holds a PhD in Management Science and Engineering and a MA degree in Communication and Network from Dalian University of Technology.
Coordinator: Payment Project for the SADC Regional Payment Project in Africa
Arthur Cousins is the Payment Project coordinator for the SADC regional payment project in Africa.
Mr. Cousins joined The Standard Bank of South Africa and held various positions in the branch network, treasury, international banking, trade finance and custody. Prior to managing the banks’ engagements with industry bodies he was Director responsible for treasury back office, trade finance and custody operations. Mr. Cousins held a position that entailed involvement in a number of domestic payments and securities initiatives as well as international initiatives and organizations including CLS, Global Payments Forum, International Payments Framework Association, International Standards Organization and SWIFT.
Mr. Cousins was recently a member of the World Bank expert group that developed guidelines for the regional integration of financial infrastructures. He was previously a board member and member of the following organizations: CLS, SWIFT, ISO TC 68, Chairman of the Financial Industry Standards Association of South Africa Chairman of the SA Banks Treasury Operations Forum and a member of the Money Market Forum and a board member of STRATE (South African Central Securities Depository) as well as being a member of The JSE Securities Exchange Advisory Committee for Clearing and Settlement. For Standard Bank he served on a number of committees established by the South African Reserve Bank that dealt with Foreign Exchange, Exchange Control and Payment matters.
He holds a B Com. Degree from The University of South Africa and is a Certificated Associate of the Institute of Bankers In South Africa (CAIB) and obtained an EDP diploma from Wits Business School.
MD Corporate Regulatory Strategy and Policy: JP Morgan Chase
Robin Doyle has worked at J.P. Morgan Chase for over 20 years and is currently Managing Director, Office of Regulatory Affairs, where she is responsible for developing strategic responses to a broad array of regulatory initiatives, analyzing the impact of regulatory proposals, developing the firm's positions and preparing for the implementation of final rules.
Ms. Doyle also spent over seven years as the Chief Financial Officer for Corporate Risk reporting to the firm’s Chief Risk Officer and has worked in JPMC’s Chase Home Finance business unit and managed the firm’s Accounting Policies Group. Prior to joining J.P. Morgan Chase, Robin worked for Midlantic National Bank, KPMG Peat Marwick, and Prudential Insurance Company.
Ms. Doyle is on the NJ Junior Achievement State Board. She is a member of the Securities Industry and Financial Markets Association, the New York Clearing House, and the Risk Management Association.
Ms. Doyle has an MBA in Finance from The Graduate School of Management, Rutgers University; a BS in Accounting from Rutgers, The State University; and is certified as a CPA in the State of NJ.
Daniel L. Goroff
Vice President and Program Director: Alfred P. Sloan Foundation
Daniel L. Goroff is Vice President and Program Director at the Alfred P. Sloan Foundation, a private philanthropy that supports breakthroughs in science, technology, and economics. His interests include behavioral economics, government regulation, reproducible research, mathematical knowledge management, as well as the economics of science and higher education. Mr. Goroff is Professor Emeritus of Mathematics and Economics at Harvey Mudd College, where he served as Vice President for Academic Affairs and Dean of the Faculty. Before that, he was a faculty member at Harvard University for over twenty years. Mr. Goroff has twice worked for the President’s Science Advisor in the White House Office of Science and Technology Policy, most recently as Assistant Director for Social, Behavioral, and Economic Sciences.
Sumitomo Mitsui Banking Corporation
Hiroshi Kawagoe is the General Manager of the Transaction Business Planning Department of Sumitomo Mitsui Banking Corporation. Based in Tokyo, he is responsible for overseeing industrial affairs with regard to financial market infrastructures.
Mr. Kawagoe has also held numerous critical roles and responsibilities as the leader for respective projects and initiatives, including but not limited to an international project for the foreign exchange market and a series of national RTGS enhancement projects.
He has contributed to the financial industry as the Chairman of the SWIFT National Member Group in Japan, and as one of the National Member for the ABMF (ASEAN+3 Bond Market Forum). The ABMF is part of the framework determined by the ASEAN+3 Finance Ministers Meeting.
Honorary Fellow: Macquarie University, Sydney
Paul Kennedy is an Honorary Fellow of Macquarie University in Sydney where he teaches in the Master of Applied Finance program and specializes in bank strategy and financial risk management. He holds a PhD from Cambridge University in the UK.
Mr. Kennedy has worked in banking and risk management for over 20 years and for some of the world's largest financial institutions including UBS, Credit Suisse, and HSBC. During his career Mr. Kennedy has been based in Switzerland, the United Kingdom, and in Australia, but the global functions that he has led have included teams in the USA and across Asia. Mr. Kennedy has held numerous senior risk roles implementing capital and credit models, policy and delegations, and regulatory compliance including AML, all to provide banks with more efficient and effective risk management frameworks.
Mr. Kennedy also established and led the Research and Risk Analysis team for the Australian corporate regulator ASIC (Australian Securities and Investments Commission), where he was responsible for implementing a risk-based approach to the development of financial conduct regulation in Australia. Mr. Kennedy has also served on the board of the Singapore-based insurance subsidiary of a major Australian bank. Mr. Kennedy is a regular invited speaker at professional conferences and has published several articles on achieving measurable business benefits from risk management, whilst also dealing with significant regulatory change. In 2016 Mr. Kennedy joined a newly-licensed UK start-up bank as their Chief Risk Officer, and as such he holds a Senior Management Function approved by the UK regulatory authorities, the PRA and FCA.
Chair of Information Systems and Information Management: J. W. Goethe University Frankfurt am Main
Wolfgang König has held the Chair of Information Systems and Information Management at Goethe University Frankfurt (Faculty of Economics and Business Administration) since 1991 and since 2008 has acted as Executive Director of the House of Finance at Goethe University, an interdisciplinary research and advanced education endeavor of the Faculties of Economics and Law. Moreover, he serves as the Chair of the E-Finance Lab, a public-private research partnership with Deutsche Bank, Deutsche Börse, DZ Bank Group, FinanzInformatik, and IBM (all tier-1 partners) and 360T, Interactive Data, and usd (all tier-2 partners), also located at the House of Finance.
Prof. König earned a diploma in Business Administration and the Dr. rer. pol. degree from J. W. Goethe University Frankfurt and was appointed after that as Professor of Information Systems at the Koblenz School of Corporate Management (a private university) from 1985 until 1990 where he served as Rector from 1986 - 1988. He spent more than two years doing research in the United States at Northwestern University, Chicago/Evanston, IL, and at the IBM Research Labs in San Jose, CA, and Yorktown Heights, NY. In 2005 he received the IBM Faculty Award for his research results on risk mitigation in the context of Business Process Outsourcing.
From 1995 to 2000 he acted as speaker of a German National Science Foundation sponsored research program on “Networking as a Competitive Advantage” where he carried out research on standardization and on federated systems concepts. From 2004 - 2006 he was the Dean of the Faculty of Economics and Business Administration of Goethe University Frankfurt. Moreover, he served ten years as Editor-in-Chief of the IS Journal Business Informatics (previously known as WIRTSCHAFTSINFORMATIK). His research interests span standardization, networking and e-finance, and his publications appeared in journals including MIS Quarterly, Information Systems Frontiers, Journal of Global Information Systems, and WIRTSCHAFTSINFORMATIK (now Business Informatics).
Prof. König serves as external member of the governing Board of Deufol SE, a logistics and packaging company in Wallau, Germany and chairs the Advisory Board of entrepreneurs of DZ Bank, the head institute of the cooperative banks in Germany.
Research Fellow: Korea Institute of Finance
Hyoung-Seok Lim is a research fellow at the KIF (Korean Institute of Finance).
Prior to KIF, he worked both at the BOK (Bank of Korea) and the FSC (Financial Services Commission of Korea). He has provided research activities in areas such as macro-prudential policy, interest rate policy and international economics. His principal publications include, “A Theory of Exchange Rates and the term structure of interest rates” (with Masao Ogaki), Review of Development Economics 17(1), 2013) and “Estimation and Characteristics of Korea’s Yield Curve” (Korean Economic Analyses 11(2), 2005).
He received a B.A. degree from Seoul National University’s International Economics Department and a Ph.D. in Economics from the Ohio State University.
CEO: GS1 India
Ravi Mathur has been the Chief Executive Officer of GS1 India for the past 16 years and has driven adoption of global standards and best practices in India. His work with GS1 has helped enhance operational efficiencies of organizations across industry sectors and facilitate compliance with regulatory requirements worldwide.
GS1 India was setup as a standards body in 1996 by the Ministry of Commerce and Industry, Government of India, Apex Chambers of Commerce and other trade bodies. It is affiliated to GS1, headquartered in Brussels, Belgium, which oversees 111 GS1 organizations across the world.
Mr. Mathur has over 35 years of experience across Industry service sectors in varied responsibilities and functions and has been a member of the GS1 Global Advisory Council since 2001.
Mr. Mathur is the recipient of the ‘life-time achievement’ award from the Association of Automatic Data Capture Companies in 2013. He was also rewarded the ‘Retail Icon of the Year’ award at the Asia Retail Congress in 2011.
Mr. Mathur is a graduate in Mechanical Engineering from the Indian Institute of Technology, New Delhi, India. He has also undertaken a comprehensive course in International Trade and Marketing at the Indian Institute of Foreign Trade, New Delhi.
Alfredo Reyes Krafft
Founding Partner and Chairman: Lex Informática Abogados
Alfredo Reyes Krafft is an Executive Vice President at AMPICI (Internet Mexican Association). He is a member of the Telecommunications Law Institute, National Coordinator of ISO IEC JTC 1/SC 27/WG 2 Cryptography and security mechanisms and member of the promotion group for legislation in the area of e-Commerce (GILCE). Mr. Reyes Krafft is also a member of the Alfa-Redi community, as well as a member of the Internet Society Mexico Chapter.
Prior to joining Lex Informática, and during his 40 years of professional experience, Mr. Reyes Krafft has held positions such as Legal Comptroller for Banco del Atlántico, NIC México Consulting Committee Member, President of the AMPICI, Innovation Concepts Regulation Director at Grupo BBVA, and GS1 México Managing Council Secretary (Mexican Association of Standards form AMECE e-Commerce).
Throughout his career, Mr. Reyes Krafft has been awarded various honors for his achievements in the area of Internet in Mexico. He was the first Mexican to obtain a CDPP Certification from the Data Privacy Institute in ISMS Forum, Spain.
Mr. Reyes Krafft has also combined his professional practice with being a professor in different institutions, such as in the Law Postgraduate Studies at the Universidad Panamericana, in the INFOTEC’s Information Technology Law M.A., in the Engineering PhD program at the Instituto Politécnico Nacional and the Instituto Tecnológico de Estudios Superiores de Monterrey – ITESM (Virtual Campus). He also served as professor at the Electronic Commerce Faculty in the Private Law PhD program at the Universidad de Salamanca.
Mr. Reyes Krafft holds a Cum Laude Law PhD from the Universidad Panamericana, as well as Postgraduate Studies in Business Management at the Instituto Panamericano de Alta Dirección de Empresas. He is a specialist in Contracts and Damages from the Universidad de Salamanca in Spain. He is author of several books regarding legal matters in the area of Information Technology, Data Protection, and Personal Data Management.
Bruno Schütterle is an independent consultant.
Mr. Schütterle has held a number of senior positions during his 40 years career in the financial services industry including being a founder and non-executive Board Member of EBS Ltd (a global FX electronic broker) and Head of Strategic Procurement at Bank Julius Bär Ltd for Information Systems and Market Data.
In his work with the not-for-profit organization SIPUG (Swiss Information Provider User Group) he is involved in IP and copyright issues in particular on the misuse of IP and copyrights by market vendors and other organizations in the European Union and in Switzerland.
During his employment with Swiss Bank Corporation (SBC) Bruno was Head of Collateralized Trading Switzerland/Europe and responsible for FX and bullion in SBC’s Capital Market and Treasury and senior positions in FX and bullion trading spot and forwards with Union Bank of Switzerland.
CoFounder and CEO: OpenCorporates
Chris Taggart is the Co-Founder & CEO of OpenCorporates, the largest open database of companies in the world.
Mr. Taggart has played an active role in the LEI System since serving on the initial Industry Advisory Panel which helped advise on the G20 Recommendations that form the founding document of the global LEI system.
A former journalist and magazine publisher, he has been working exclusively in the field of Open Data since 2009.
Former Principal Adviser: DG FISMA, European Commission
Elemér Terták had been until his retirement in February 2016 Principal Advisor at the Directorate General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) (former DG MARKT) of the European Commission. Beforehand he served for six years as Director, Financial Institutions at the same DG.
Prior taking up his assignment in 2005 at the Commission he worked in his native country for more than one and a half decade in high ranking positions both in the banking industry and in the public sector. He has been CEO of the Dresdner Bank Hungary and of the KDB Bank, Hungary from 2002 to 2003 and from 1995 to 2001 respectively. He has served as Deputy Secretary of State in charge for regulation from 2001 to 2002 and had been the Permanent Secretary of State at the Ministry of Finance, Hungary, from 2003 to 2004. Elemér Terták was the first Managing Director of the National Deposit Insurance Fund of Hungary from 1993 until 1995.
In addition to his professional functions, Elemér Terták holds several honorary positions. He is a Board Member of the Hungarian Association of Economists, and of the Association of Hungarian Controllers. He has also been a member of various other Boards including the Budapest Stock Exchange, the Hungarian Banking Association, the Government Debt Management Ltd., the Student Loan Ltd. and is a registered arbitrator at the Financial and Capital Market Arbitration Court in Budapest.
He has graduated in 1978 from the Marx Károly University of Economics, Budapest in economics, and obtained a doctoral degree in economics from Budapest University of Economics in 1998. He is proficient in English and German, and has basic language knowledge in French and Russian.
Kam Keung Tse
CEO: Tradelink Electronic Commerce Limited
Mr. Tse was first appointed as an Independent Non-Executive Director of the Company in March 2013 and subsequently took over the CEO position in July 2015. As a result, he has also become a director of the Company's various subsidiaries, associates and certain related industry associations.
Before joining the Company, Mr. Tse was mostly in the financial services industry, covering the Asia Pacific region. He began at State Street in 1993 to develop and lead its investment servicing business in the region and was the first international officer to get promoted to Executive Vice President in 2002. He completed his career there as an advisor till early 2015. Before State Street, he had worked for Standard Chartered, Ogilvy & Mather, Baring Securities and the Hong Kong Government.
Mr. Tse has served on many outside boards and committees. In recognition of his service contribution, Asian Investor awarded him its inaugural Individual Service Award in 2008. He is currently a member of the Financial Infrastructure Sub-Committee of the Exchange Fund Advisory Committee and the Process Review Panel of the Financial Reporting Council.
Active in community service, he has supported Oxfam for over two decades and was the Chairman of Oxfam Hong Kong from 2003-2009. He is currently on its Finance and Audit Committee and the Chairman of Oxfam Macau General Assembly. He has recently joined the Executive Committee of New Life Psychiatric Rehabilitation Association, chairing its Finance and Administration Sub-committee.
Mr. Tse received the CW Chu Scholarship to study in the US and obtained his BA from Lawrence University in 1981, of which he is now a Trustee. He got his MBA from the Chinese University of Hong Kong in 1985 and is now an Adjunct Professor of Finance there. He also got the Government's sponsorship to obtain his MPA from the University of Hong Kong in 1988. He is a Fellow of the Australia Institute of Management Accountant and a full member of the Australia Institute of Public Accountants and the UK Institute of Financial Accountants.
Corporate Secretary: GLEIF
Partner: Niederer Kraft & Frey
Thomas Sprecher was appointed by the GLEIF Board as Corporate Secretary.
Mr. Sprecher has been a partner of the Swiss law firm Niederer Kraft & Frey since 2001. He regularly acts as counsel to national and international foundations, associations, companies and private clients. He is a member of the Legal Counsel of SwissFoundations, the association of Swiss grant-making foundations.
Due to his vast experience in Swiss Foundation Law, Thomas was elected in 2004 as editor of the Swiss Foundation Code. He teaches at the Centre for Philanthropy Studies (CEPS) at the University of Basle and regularly speaks at professional conferences. With the Europe Institute of Zurich, he chairs a yearly seminar on foundation matters. He is the Chair and member of several Boards of Swiss foundations.
Mr. Sprecher holds PhDs both in law and philosophy and a LLM in international business law from the University of Zurich. He authored numerous books and articles especially on foundation law.
- NLGerard Hartsink
- SANabil Al Mubarak
- USJefferson Braswell
- CNBo Chen
- ZAArthur Cousins
- USRobin Doyle
- USDaniel L. Goroff
- JPHiroshi Kawagoe
- AUPaul Kennedy
- DEWolfgang König
- KRHyoung-Seok Lim
- INRavi Mathur
- MXAlfredo Reyes Krafft
- CHBruno Schütterle
- UKChris Taggart
- HUElemér Terták
- CN-HKKam Keung Tse
- CHThomas Sprecher