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).  SIFMA is the leading trade association representing 680 global financial markets participants.  SIFMA operates from New York, Washington DC, London and Hong Kong with approximately 200 employees.  It brings together financial industry experts from banks, broker/dealers, institutional investors, and retail private clients.  The association develops industry positions through over 100 product/sector committees.  It then advocates these positions to regulators, legislators, courts, multinational governmental organizations and the media.  The association conducts over 60 educational conferences a year.
 
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 Lloyds Banking Group, Lloyds TSB Bank plc, HBOS plc, Bank of Scotland plc, Putnam Investments, LLC, Great-West Life & Annuity Insurance Company and The U.S.-Japan Foundation.  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. 

Kenneth E. Bentsen, Jr.
Executive Vice President, Public Policy and Advocacy

Kenneth E. Bentsen, Jr. is Executive Vice President, Public Policy and Advocacy at the Securities Industry and Financial Markets Association, responsible for SIFMA’s legal, regulatory, and legislative affairs and advocacy initiatives.

Prior to joining SIFMA, Mr. Bentsen was president of the Equipment Leasing and Finance Association, where he led the 700-member financial services trade association representing commercial and investment banks, financial services companies and manufacturers in the commercial finance sector. In that role he developed and implemented a new strategic direction for this principal industry association. From 2003 to 2006, Mr. Bentsen was a Managing Director at Public Strategies, Inc. where he was a strategic and management consultant principally to the firm’s financial services clients.

From 1995 to 2003, Mr. Bentsen served as a Member of the United States House of Representatives from Texas, where he sat on the House Financial Services Committee (and its predecessor House Banking and Financial Services Committee), and separately on the House Budget Committee. Mr. Bentsen was an active participant in the drafting and enactment of the Sarbanes-Oxley Act, the Gramm-Leach-Bliley Act, the Terrorism Risk Insurance Act and the Commodities Futures Modernization Act. During his tenure in the Congress, he played an active role in legislation and oversight of regulations affecting bank and thrift charters, federal deposit insurance, securities law, derivatives, and the federal government sponsored enterprises (Fannie Mae, Freddie Mac, and the FHLB system). Mr. Bentsen was also instrumental in the passage of the landmark Balanced Budget Act of 1997, particularly with respect to health care policy.

Prior to his service in Congress, Mr. Bentsen was an investment banker at both a major Wall Street firm and a large regional firm, where he specialized municipal and mortgage finance.

Mr. Bentsen has a B.A. from the University of St. Thomas and an M.P.A. from American University.

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.

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.

Ira D. 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 over twenty-five years of experience representing the financial services industry on a wide variety of matters before the US Securities and Exchange Commission, the Financial Industry Regulatory Authority, NYSE Regulation, 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.