The Board of Directors of the Chartered Institute for Securities & Investment (CISI) is delighted to announce that Michael Cole-Fontayn MCSI was elected Chairman at the AGM on 10 October.
The term of office is initially for three years and Mr Cole-Fontayn succeeds Sir Alan Yarrow, Chartered FCSI(Hon) who has not sought re-election having completed nine years.
Following a 35 year career in financial services at BNY Mellon, Michael is Chairman of the Association of Financial Markets in Europe (AFME). He is also Founding Director and Advisory Council Member of the Financial Markets Standards Board (FMSB), Trustee of the Charlie Waller Memorial Trust (Mental Health Charity) and a Founding Chairman of the 30% Club. Michael is a Patron of Women in Banking and Finance.
Mr Cole-Fontayn said: “I am extremely pleased to be officially working with the Institute now as its Chairman. I am particularly delighted to support CISI’s commitment to raising standards, conduct and professional behaviour, both in the UK finance sector and globally and I look forward to helping to encourage the next generation’s enthusiasm for a career in finance.”
Simon Culhane, Chartered FCSI and CISI CEO said: “I am delighted to welcome Michael as our Chairman. I very much look forward to working with him strategically so that we can remain adaptable and responsive as we grow our membership and professional qualifications both here in the UK and in global markets.”
The CISI is also pleased to announce that two Directors were elected to the CISI Board at the AGM: Martin Ruskin CFPTM Chartered MCSI and Chris Allen MCSI. Martin is Head of Business Development at Paradigm Norton Financial Planning and Chairman of CISI’s Financial Planning Professional Forum. Chris was appointed HSBC’s Regional Head, Global Private Banking EMEA in April 2018, having previously served as CEO of HSBC Private Bank in the UK with oversight of HSBC Private Banking’s businesses in the Channel Islands, France and Germany.