SIFMA's Senior Management Committee
T. Timothy Ryan, Jr.
President & CEO
Mr. Ryan is President & Chief Executive Officer of the Securities Industry and Financial Markets Association (SIFMA).
Prior to joining SIFMA, Mr. Ryan was Vice Chairman, Financial Institutions and Governments, at J.P. Morgan where he was a member of the firm’s senior leadership. Mr. Ryan is a director of The U.S.-Japan Foundation and International Foundation for Election Systems. He is also a private sector member of the Global Markets Advisory Committee for the National Intelligence Council (NIC). From 2002 to 2004, Mr. Ryan was a member of the US-Japan Private Sector/Government Commission with responsibility for Corporate Restructuring and NPL workout. Mr. Ryan also served from 2000 to 2004 as a Board Member and Chairman of the Audit Committee at Koram Bank in Seoul, Korea.
Prior to joining J.P. Morgan in 1993, Mr. Ryan was the Director of the Office of Thrift Supervision, U.S. Department of the Treasury. As OTS Director, Mr. Ryan was principal manager of the savings and loan cleanup which involved closing approximately 700 insolvent institutions, improving capital bases and selling over $300 billion of assets. Mr. Ryan was a Director of the Resolution Trust Corporation and a Director of the Federal Deposit Insurance Corporation. From 1983 to 1990, Mr. Ryan was a Partner in the Washington, D.C. office of the law firm Reed, Smith, Shaw & McClay, where he headed the Pension Investment Group and was a member of the firm's Executive Committee. From 1981 to 1983 Mr. Ryan was Solicitor of Labor, U.S. Department of Labor. Mr. Ryan is a graduate of Villanova University and American University Law School. He served as an officer in the U.S. Army from 1967 – 1970.
Randy Snook
Executive Vice President
Randy Snook is an Executive Vice President for SIFMA. Mr. Snook joined the Association in July of 2005. He is responsible for overseeing the Association’s three U.S. business groups (Capital Markets, Private Client and Asset Management) as well as technology and operations.
Prior to joining the Association, Mr. Snook held several senior positions at Goldman Sachs, including co-head of the Credit Capital Markets New Issue Desk, co-head of the Corporate Bond Business Unit and head of the Investment Grade Syndicate. Mr. Snook became a partner at Goldman in 2000. Before joining Goldman Sachs, he was an Associate at Drexel Burnham Lambert and an Assistant Treasurer at Bankers Trust.
Mr. Snook holds a BS in civil engineering and an MBA degree from Rensselaer Polytechnic Institute. He and his wife Deann live in Mountain Lakes, New Jersey with their four daughters.
Scott DeFife
Senior Managing Director, Government Affairs
Scott DeFife is Senior Managing Director, Government Affairs for the Securities Industry and Financial Markets Association, or SIFMA. In that position he oversees the federal and state legislative and lobbying efforts. Before joining SIFMA, DeFife served as senior policy advisor for financial services, tax, economic and energy issues to House Majority Leader Steny Hoyer (D-MD). For the past two years, DeFife was recognized as one of the “best lobbyists in the business for America’s business trade associations” by Capitol Hill’s newspaper, The Hill. “Wall Street’s main trade group snapped up this well-liked former policy advisor to House Majority Leader Steny Hoyer;" and, "DeFife keeps SIFMA plugged in, even as the association faces a shakeup."
DeFife has deep Capitol Hill experience as legislative director to Congressman Bart Gordon (D-TN), legislative director and then staff director to former Congresswoman Karen McCarthy (D-MO), and policy advisor to former Congressman Mike Andrews. Off the Hill, DeFife has extensive experience in advocacy and policy positions related to state and municipal finance, economics and commerce, budget, tax and pension issues. He represented the American Public Power Association, the National Conference of State Legislatures, and served as Research Director for State of Texas Governor Ann Richards’ DC liaison office.
DeFife received his BS from the University of Texas at Austin and a Masters of Public Affairs from the Lyndon B. Johnson School of Public Affairs.
Ira Hammerman
Senior Managing Director and General Counsel
Ira D. Hammerman has been Senior Managing Director and General Counsel of the
Securities Industry and Financial Markets Association since June 2004.
Prior to joining SIFMA, Mr. Hammerman was a partner of Clifford Chance US LLP, the global law firm, where he specialized in securities regulatory and enforcement matters. His practice focused on US securities regulation of US and foreign financial institutions, including broker-dealers, investment advisers, banks and investment companies. A substantial part of his practice included representation of financial institutions with respect to trading, compliance and enforcement matters.
Mr. Hammerman has almost twenty-five years of experience representing the financial services industry on a wide variety of matters before the US Securities and Exchange Commission, the National Association of Securities Dealers, Inc., the American Stock Exchange, Inc., the New York Stock Exchange, Inc. and state regulatory authorities. In addition, Mr. Hammerman has represented public companies with respect to general corporate law, securities and transactional matters.
Mr. Hammerman received his law degree in 1985 from Georgetown University Law Center and his bachelor's degree in 1982 from Emory University (BA, Phi Beta Kappa). He is a member of the District of Columbia and New York Bars.
Karsten Moller
Executive Vice President, Head of SIFMA-Europe and Asia
Karsten Moller is Executive Vice President and head of Europe and Asia for SIFMA. Mr. Moller oversees SIFMA’s efforts in Asia, specifically providing management support and direction to the Asia Securities Industry Financial Markets Association (ASIFMA). He works with his colleagues to represent SIFMA’s members around the globe on issues such as market development, cross border trading and market regulation.
Moller held a number of positions at Goldman Sachs around the world, including head of debt capital markets coverage in the U.S., head of fixed income in Germany and co-head of European debt capital markets in London. He was elected partner and managing director in 1996. Prior to working at Goldman Sachs, Mr. Moller held positions at Merrill Lynch, JPMorgan and Shell International.
Mr. Moller holds a B.A. and M.S. degrees in political science from the University of Copenhagen and an MBA from the University of Pennsylvania, Wharton School from which he graduated with honors. A Danish citizen, Mr. Moller currently resides in London.
Ileane F. Rosenthal
Executive Vice President, Global Communications and Member Engagement
Ileane F. Rosenthal is an Executive Vice President, Global Communications and Member Engagement at SIFMA, which she joined on April 1, 2008. Ms. Rosenthal brings to SIFMA three decades of trade association and non-profit management experience in policy, member relations, and operations.
She is responsible for Global Communications, Member Engagement, Conferences and Events (including educational outreach programs) and the SIFMA Foundation.
Ms. Rosenthal joined SIFMA from the International Biomedical Research Alliance (IBRA), where she was president. IBRA is an innovative, multidisciplinary organization that Rosenthal envisioned and then created to accelerate the discovery and delivery of medical treatments, cures and preventative measures through focusing on graduate training of biomedical researchers.
Formerly, she was president of Churchill Partners LLC, an independent consulting firm specializing in strategic, marketing and organizational development for industry and nonprofit organizations, where she advised clients ranging from Hughes Supply, Inc. to the National Association of Manufacturers.
Ms. Rosenthal also is a former assistant professor of economics and management at Goucher College.
She holds an MBA from the Harvard Graduate School of Business Administration, and a BA from Goucher College.