SIFMA’s Board of Directors Announces Newly Elected Officers for 2013

New York, NY, October 24, 2012–The Board of Directors of SIFMA announced that it has elected several new members to leadership positions on the Board for 2013.The new principal officers include: Chet Helck as Chair, Jim Rosenthal as Chair-Elect; Bill Johnstone as Vice Chair; and Bernard Beal as Treasurer.

“Chet’s experience and leadership within our industry will greatly benefit SIFMA over the next year, where the industry will continue to face challenges.” said Tim Ryan, president and CEO of SIFMA. “We’re also pleased that X has been chosen as Incoming Chair. With such strong leadership going into the future, SIFMA will be best position to represent effectively the industry on a range of issues in front of policymakers and regulators in the years to come.”

The following executives were elected as directors of the board with terms concluding in 2016:

Francois O. Barthelemy        Société Générale

Bernard B. Beal                       M.R. Beal & Company

David Findlay                          Nomura Holding America Inc.

Kim T. Fleming                       Hefren-Tillotson, Inc.

Chet Helck                               Raymond James Financial, Inc.

Lisa Kidd Hunt                       Charles Schwab & Co.

Thomas M. Joyce                   Knight Capital Group, Inc.

Edward J. Kelly, III               Citi

Michael Lyublinsky               Royal Bank of Scotland

Gerard McGraw                     Fidelity Institutional

Timothy P. O’Hara                Credit Suisse Securities

Paul Purcell                             Robert W. Baird & Co.

John F. W. Rogers                  Goldman Sachs

Jim Rosenthal                         Morgan Stanley

Timothy C. Sheve                   Janney Montgomery Scott LLC

John G. Taft                             Royal Bank of Canada

James A. Tricarico, Jr.          Edwards Jones

Yoshio Urata                           Daiwa Capital Markets America, Inc.

Rufus Yates                             BB&T

The full SIFMA 2013 Board of Directors is comprised of the following executives:

Francis P. Barron                  Morgan Stanley

Francois O. Barthelemy       Société Générale

Bernard B. Beal                     M.R. Beal & Company

Rosemary T. Berkery           UBS Financial Services Inc.

Joan Binstock                        Lord, Abbett & Co. LLC

Curt Bradbury, Jr.                 Stephens Inc.

Benjamin L. Brigeman         Charles Schwab & Company, Inc.

David L. Brunner                  BNP Paribas Securities Corp.

Kent Christian                       Wells Fargo Advisors

Dider Descamps                    HSBC Securities (USA) Inc.

Andrew S. Duff                      Piper Jaffray

William Dwyer                       LPL Financial

David Findlay                        Nomura Holding America Inc.

Kim T. Fleming                      Hefren-Tillotson, Inc.

Kenneth D. Gibbs                  Jefferies & Company, Inc.

John R. Gidman                    Loomis, Sayles & Company, L.P.

Masaaki Goto                         Daiwa Capital Markets America Holdings, Inc.

Thomas Hartnett                   Deutsche Bank AG New York

Chet Helck                              Raymond James Financial, Inc.

David B. Heller                     Goldman Sachs & Co.

Douglas M. Hodge                PIMCO

Lisa Kidd Hunt                      Charles Schwab & Co.

William A. Johnstone           Davidson Companies

Thomas M. Joyce                 Knight Capital Group, Inc.

Edward J. Kelly, III             Citi

Ronald J. Kruszewski         Stifel, Nicolaus & Company

Alexandra Lebenthal           Alexandra & James, LLC/Lebenthal & Co.

Michael Lyublinsky             Royal Bank of Scotland

Blythe Masters                     JPMorgan Chase & Co.

Shawn P. Matthews             Cantor Fitzgerald & Co.

Gerard McGraw                    Fidelity Institutional

Kathleen Murphy                 Fidelity Investments

Timothy P. O’Hara               Credit Suisse Securities

Richard B. Payne, Jr.          U.S. Bancorp

Karen B. Peetz                     BNY Mellon

Paul Purcell                          Robert W. Baird & Co.

Walter S. Robertson, III     Scott & Stringfellow LLC

John F. W. Rogers               Goldman Sachs

Jim Rosenthal                      Morgan Stanley

Timothy Ryan, Jr.               SIFMA

Timothy C. Sheve                Janney Montgomery Scott LLC

Donald Steel                         Planned Investment Co., Inc.

Joseph E. Sweeney             Ameriprise Financial, Inc.

John G. Taft                         Royal Bank of Canada

James A. Tricarico, Jr.       Edwards Jones

Yoshio Urata                        Daiwa Capital Markets America, Inc.

Bryan T. Weadock               Bank of America-Merrill Lynch

Rufus Yates                           BB&T

Atsushi Yoshikawa              Nomura Holding America Inc.

SIFMA member firms elect the Board of Directors at a board meeting held in New York City.

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The Securities Industry and Financial Markets Association (SIFMA) brings together the shared interests of hundreds of securities firms, banks and asset managers.  SIFMA’s mission is to support a strong financial industry, investor opportunity, capital formation, job creation and economic growth, while building trust and confidence in the financial markets.  SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA).  For more information, visit www.sifma.org.