26/10/2018 - The OECD Committee on Financial Markets (CMF) has confirmed the appointment of Aerdt Houben, Director of the Financial Markets Division at De Nederlandsche Bank, as its Chair. The appointment is effective immediately, for a duration of one year, renewable.

Mr. Houben is currently a member of the Committee on the Global Financial System and the Markets Committee at the BIS. He has been a member of the Basel Committee on Banking Supervision, the Financial Stability Committee of the ECB and the International Organisation of Pension Supervisors. He has been a member of numerous other policy committees in the context of the IMF, Financial Stability Board, ECB and the ESRB.

The OECD's work on financial markets seeks to promote efficient, open, stable and sound market-oriented financial systems, based on high levels of transparency, confidence and integrity, to support sustainable and inclusive economic growth.

The CMF work agenda focuses on trends and prospects in the international and major domestic financial markets, and structural issues and developments in financial markets and the financial sector.

Greg Medcraft, Director of Financial and Enterprise Affairs at the OECD, stated: “The appointment is a reflection of the high regard with which Aerdt is held by international policy makers, through his leadership roles at the DNB and also on markets and financial stability committees at several international organisations. His depth of experience in financial markets and policy will bring important perspective to the committee, and we look forward to his leadership as the new Chair.”

For more information on OECD’s work on financial markets, please visit www.oecd.org/finance.