European Securities and Markets Authority, Avida International, Comgest Global Investors

European Securities and Markets Authority (EFAMA) – The Authority has elected three new members to its management board to replace outgoing members whose term expires in November this year. The successful candidates, who will serve two-and-a-half-year terms beginning on 1 December, are:

  • Lourdes Centeno, Comisión Nacional del Mercado de Valores (CNMV), Spain
  • Klaus Kumpfmüller, Finanzmarktaufsicht (FMA), Austria (re-elected)
  • Elisabeth Roegele, Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Germany

The outgoing members were Kostas Botopoulos from the Hellenic Capital Markets Commission (HCMC) of Greece, and Martin Wheatley of the UK’s Financial Conduct Authority (FCA).

Avida – Avida International has appointed Peter Kolthof as managing partner, responsible for Avida’s clients in the Netherlands. He will also focus on multinational companies and the improvement of the investment governance of their pension funds. Kolthof was previously an independent consultant for pension funds. He has also been head of equity at Shell Asset Management Company (SAMCo), as well as finance manager at Shell Chemicals.

Comgest Global Investors – Chief executive Vincent Strauss is to give up his seat on the board, as well as his portfolio positions, in 2016, when he is to join the company’s supervisory board. On 1 March, Arnaud Cosserat will take over as chief executive. Cosserat was appointed as CIO last January and has been portfolio manager for European equity at Comgest since 1996. He will keep both positions.