The International Swaps and Derivatives Association has appointed Conrad Voldstad as its new chief executive officer as the industry body seeks to boost its profile at a time when legislative changes could curtail the use of derivatives and profits for banks and investors in the sector.
”Our job at ISDA has morphed into a far wider ranging business with more constituents, while regulators across the world all have strong views about regulating derivatives,” said Eraj Shirvani, chairman of ISDA and head of fixed income at Credit Suisse. “There are so many facets to ISDA now, that we need to augment our leadership team.”
