The OECD Committee on Financial Markets has elected Mr Seiichi Shimizu, Assistant Governor of the Bank of Japan, as its new Chair. Mr Shimizu succeeds Mr Aerdt Houben, Director of European Banks Supervision at De Nederlandsche Bank, who served as Committee Chair from 2019 to 2024.
The Committee also designated Ms Chiara Scotti, Deputy Governor of the Bank of Italy, as Vice‑Chair. In addition to Japan and Italy, Australia, Germany, France, Mexico, Sweden and the United Kingdom will compose the Committee’s bureau.
The leadership of the Committee is as follows:
- Mr Seiichi Shimizu, Assistant Governor, Bank of Japan (Chair)
- Ms Chiara Scotti, Deputy Governor, Bank of Italy (Vice-Chair)
- Mr Johan Almenberg, State Secretary for Financial Markets, Ministry of Finance, Sweden
- Mr Christophe Bories, Head of the Financial Sector Department, Treasury, France
- Ms Sarah Court, Deputy Chair, Australian Securities and Investments Commission
- Mr Tom Duggan, Deputy Director, Securities and Markets, Financial Services Group, HM Treasury, United Kingdom
- Mr Gerardo Israel García López, General Director, Central Bank Operations, Bank of Mexico
- Ms Eva Wimmer, Director General, Financial Market Policy Department, Federal Ministry of Finance, Germany.
46 countries participate in the Committee on Financial Markets: all OECD members, the European Union and the 8 OECD accession candidate countries (Argentina, Brazil, Bulgaria, Croatia, Indonesia, Peru, Romania and Thailand). The Bank for International Settlements (BIS), Financial Stability Board (FSB), International Monetary Fund (IMF) and International Organization of Securities Commissions (IOSCO) participate in the Committee.
The Committee on Financial Markets’ overarching objective is to promote, efficient, open, stable and sound financial systems, supporting the contribution of financial markets to the real economy and to sustainable and inclusive growth. The Committee coordinates and guides the OECD's work in areas covering public and corporate debt, equity and risk capital, pension and insurance markets, financial consumer protection and education, sustainable finance and digitalisation in finance.
